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[March 5th, 2012] Voices & Votes - People's income, debt of local government

03-05-2012 21:03 BJT Special Report: 2012 NPC & CPPCC Sessions |

Host: Yang Rui

Guest speakers:

- Zhang Jianfei, Mayor of Changsha City in Hunan Province, also deputy of the NPC

- William Hess, Director of China Capital Economics

- He Fan, from the Chinese Academy of Social Sciences

- Fang Fang, from J.P. Morgan

- Stephen Green, head of Research for Greater China, at Standard Chartered Bank

Premier Wen delivers government work report

 

 

 

 

Part 1: Examining the landscape of the Chinese economy in 2012

Premier Wen Jiabao vows to expand consumer spending and continue to reduce over-reliance on investment and exports. The growth rate will slow to 7.5 percent, the lowest since 2005. The Premier’s term in office will end next year. He promises to sustain the economic reform by keeping the CPI below 4 percent. He delivered the government work report at the opening ceremony of the NPC annual session. In the next hour, our team of reporters and panelists will examine the landscape of the Chinese economy in 2012 especially the adversity that our second biggest world economy faces. Here with us are Zhang Jianfei, Mayor of Changsha City in Hunan Province, also deputy of the NPC, and Mr. William Hess, Director of China Capital Economics.

Crossover: How have the deputies responded to endeavors on cooling real estate market?

Interview: Has China now reached a turning point in its development path?

In-depth analysis on growth of CPI, people’s income and debt of the local government

Interview: Obstacles in pushing forward integration of urban and rural areas

Part 2: Economic transformation

Economic transformation has been of the utmost importance in recent years. Numerous Chinese companies are urgently seeking to restructure their business model and adapt to a fast changing global economy. But for some companies in Wenzhou, in Zhejiang province, the seas ahead are rough.

Interview: Can emerging markets digest China's export?

Interview: Will local debt crisis be ignited?

Part 3: Media Watch

Now comes the time for our daily look across the Internet to see what netizens and other media have to say about the NPC and CPPCC.

Sub-anchor: What are people saying about Wen Jiabao’s government work report?

Interview: Is it high time to lose the ‘control’ and embrace the ‘freedom’?

Editor:James |Source: CNTV

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