Urban per capita disposable income and rural per capita net income of the average annual growth of more than 7% in real terms

Looking for a healthy sustainable economic growth and reasonable interval is a trial and error, optimization of process continuously, from the "tenth five-year plan" the 12th five-year plan is already quite mature, and become more balanced and compatible multi-objective macroeconomic regulation and control system. Such as "twelfth five-year" plan of macroeconomic regulation and control goal: gross domestic product (GDP) grew by an average of 7% a year, 45 million new jobs for urban residents and to control urban registered unemployment rate within 5%, the overall price level basically stable, basic balance international payments tend to. In addition to the "urban per capita disposable income and rural per capita net income of the average annual growth of more than 7% in real terms" target. It's "twelfth five-year" period are given the pipe fitting 45 degree LR elbows reasonable range of the economic growth in China, I think, as long as to achieve the goal, China's economic growth is not only a healthy, also is of high quality.

Why the 12th five-year plan outline for both positive and sound macroeconomic goals? In March 2011 of the state council's then prime minister, wen jiabao explained: "the overall consideration is that for the transformation of the mode of economic development to create a good environment, guide all aspects of the work focus on accelerating economic structural adjustment, improve the quality and efficiency of development, the increase in employment and improve people's livelihood and promote social harmony."

From "twelfth five-year" in the first two years (2011, 2012), the implementation of the evaluation, the average growth rate of 8.3%, higher than 7% of the expected goals. CPI annual average 45 degree short radius pipe fitting elbows increase rate of 4.0%, less than 5% of the "limit"; From the point of view of energy conservation and emissions reduction, the unit GDP energy consumption was reduced by 5.5%, 34.4% of the completed the planning objectives, two years have fallen below the 40% requirement, per unit of GDP carbon dioxide emissions decreased more than 5%, lagging behind the schedule planning requirements; From the employment point of view, the two years 24.87 million new jobs in cities and towns population, considerably more than was the 18 million target, the registered unemployment rate in two years are controlled at 4.1%, less than 5.0% of the target requirements, urban and rural residents per capita disposable income increased by 9.0% and 11.0%, respectively, than is greater than the 7.0% target.

Even if the economic growth rate fell to 7.6% in the first half of this year, is still in the reasonable range. Although growth has slowed, but the record in the first half of the new urban employment population, 7.32 million, equivalent to 81% of the 9 million goals throughout the year, the number of new migrant workers migrant workers is 4.44 million people, the consumer price index rose 2.4% year-on-year, rural per capita cash income grew by 9.2% in real terms, just urban per capita disposable income of the actual growth rate wasn't up to more than 7% of the target, only 6.5%. China's economy is 90 degree pipe fitting long radius elbow still stable and healthy.

From a global perspective, China's economic growth rate is the highest one of the country or region, in the context of global economic growth slowed sharply, and China's growing integration of the world economic growth and trade growth rate is also very normal. Indeed, China's economic growth has a downward trend, both the reasonable place, also have a rational, which is based on "twelfth five-year" plan of adaptive adjustment actively. As prime minister li puts forward "with into in steady economic structure adjustment, transformation and upgrading of quality". We don't have to China's economic "hard landing" alarmist, not from random condition, more can't easily change is macroeconomic objectives and policies.