Mr Li: multiple tickets may cause inflation

A few days ago, Mr Li was invited to the union in China on the 16th national congress of the economic situation report. The report also referred to as the vivid & other; The economic situation public class & throughout; 。 Report said that China's fiscal deficit has reached 2. 1%, at the same time, li stressed that the multiple tickets again could lead to inflation. Census register population urbanization rate less than 35% for the current situation of economic development, li said, in the fourth quarter of last year, because of the international and domestic multiple mixed complex factors, the economic growth rate only seven. 8% this year to continue downward, in the first quarter is 7. In the second quarter of 7%, is 7. 5%. “ We focus on GDP, but focus on the employment & throughout; 。 “ After these years of economic structure adjustment, currently about 1% GDP growth, employment can pull 1. 3 million and even 1. 5 million people. ” , Mr Li said he asked the Ministry of Human Resources and Social Security and related measure repeatedly, agree to ensure that 10 million jobs were created and registered urban unemployment rate is around 4%, need to 7. The economic growth of 2%. “ The reason we want steady growth, after all is in order to protect the employment & throughout; 。 Facing economic downward pressure, li explain, to steady growth, employment, one option is to enlarge the fiscal deficit, increase the money supply. However, the deficit has reached 2. 1%. At the same time, the balance of M2 late march to more than 100 trillion yuan, have been twice GDP. “ In other words, & lsquo; Pond & rsquo; Money has a lot of, then multiple tickets are likely to lead to inflation & throughout; 。 The second option is to insist on not to expand deficit, neither relax nor to tighten monetary policy. Li reminds at the same time, China's economy is conditional, sustainable and healthy development of the long-term growth, because after all, we are still in the development of the industrialization, the urbanization process. Our urbanization rate, now 52%, that is combined with half a year or more permanent population, household register population urbanization rate less than 35%. And than in the developed countries, and at than developing countries, we have a lot of low, this itself shows that we have the potential. Total 38 million people broke off in the endowment insurance when it comes to solving the problem of good worker interests, li said, the biggest worries is social security. Social security is primarily a pension. “ Frankly, there is still have problem, attend town worker endowment insurance, now is probably more than 300 million people, have accumulated 38 million people this year throughout the insurance & ending; 。 That is the main part of the small and medium-sized enterprise have difficulty, or is part of the personnel of flexible obtain employment after continuous capture to expend more than 15 years no longer pay cost caused by various factors such as. Li said, countries need to find a way to improve the social security system, government and the unions should also be involved. To have a universal, all staff of old-age security, build to reassure the people, let a worker can produce safety net of the life, make the development more fair to benefit the masses.