China wa shanghai escort service rns of tough 2009 for farm reform
China wa shanghai escort service rns of tough 2009 for farm reform

China wa shanghai escort service rns of tough 2009 for farm reform
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China warns of tough 2009 for farm reformPublished: 02 Feb 2009 18:58:24 PST
Author: Nick Macfie,Rupert Winchester


BEIJING, Feb 1 (Reuters) - China, used to double digit growth in recent years, warned on Sunday of a tough 2009 in terms of economic development and boosting the key agricultural sector.

In its first policy document of the year, issued by the State Council, or cabinet, and the Communist Party Central Committee, it said the slowdown of the world economy had exerted an increasingly negative impact on China.

"The development of agriculture and rural areas in 2009 is of special significance," it said. "The biggest potential for boosting domestic demand lies in rural areas. The foundation for shanghai escort and relative fast economic growth is based upon agriculture. The toughest work of securing and improving people s livelihoods stays with farmers."

In the document, the sixth of its kind to address rural problems, the government urged authorities to avoid declining grain production and stagnancy in farmers incomes and to ensure the steady expansion of agriculture and rural stability.

China s economic growth slumped to 6.8 percent last quarter, dragging down the pace of expansion for all of 2008 to a seven-year low of 9.0 percent as the full force of the global financial crisis struck home.

The slowdown in 2008 snapped a five-year streak of double-digit growth that has turned China into the third-largest economy in the world after the United States and Japan.

China is pinning its hopes on boosting domestic demand to achieve an 8 percent GDP growth target this year.

But income growth slowed in 2008 as the economy weakened, with average incomes in cities outpacing those in the countryside for the 11th year in a row.

A wave of factory shutdowns in the wake of falling exports also left millions of migrant workers unemployed and put downward pressure on the wages of those who have hung on to their jobs, adding to worries among officials about a rise in social unrest.
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