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Hu Jintao: Price Stabilization Remains a Top Priority

The Communist Party Central Committee held a forum on July 21, 2001, at Zhongnanhai in Beijing, to meet with non-party figures and discuss economic issues for the second half of the year. Hu Jintao, Wen Jiabao, and other members of the Politburo Standing Committee attended the forum.

Hu said that this year, domestic and international situations are complex and unsettled and that predictable and unpredictable new situations and new problems are constantly emerging. He expressed that [the Party] should continue to improve macroeconomic regulations and control, and make price stabilization the top priority of macroeconomic regulations and control. Hu also urged that work continue on agriculture, job creation, economic structural adjustment, and economic reform.

Wen reported on the economic work for the first half of the year and presented the Party’s and State Council’s concerns for the second half. Wen stressed that [the Party] should strengthen the regulation and control of the real estate market.

Source: Huanqiu, July 22, 2011