inflation policy
4.The most important measure we took in response to the grim international economic environment and the weak domestic effective demand in the past few years was to resolutely shift the focus of our macroeconomic regulation from the appropriately stringent fiscal and monetary policies aimed at checking inflation to the proactive fiscal policy and prudent monetary policy to expand domestic demand and curb deflation. Moreover, we improved our policies and measures in good time and fine tuned our regulation to ensure good results.

