Booming of China's Trade

Despite the booming trade, China wants to promote in the new year its economy further. Finance Minister Xie Xuren warned against a premature departure from the expansionary fiscal policy. The measures were aimed at this year mainly to the strengthening of domestic demand, the minister said late on Sunday evening.

The latest trade figures for December pointed to an unbroken economic power of the country: Thanks to expect economists now bubbling Exports and imports in the fourth quarter of 2009 with a tightening of economic growth to more than eleven percent to 8.9 percent in the third quarter. In view of China's trade is also likely to remain on course to overtake Germany as the world's leading exporter of 2009. Final figures it is however lacking.

Income should be increased

The measures the Government should support the development. You will mainly increasing the income of low wage earners and farmers, as Finance Minister Xie said, according to official news agency Xinhua. In addition, the state supports public construction projects such as schools and hospitals. Even if the taxes are subject to change. Details, he called it at first.

The Chinese economy has recovered from an almost-standstill in late 2008 because of the financial crisis over the past year strongly, thanks to the billions the government's measures: The government stimulus package amounted in 2009 to four trillion yuan (409 billion euros) and was flanked by a generous lending by the banks. From the recovery rate also benefited other economies, particularly in Asia