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It's designed as a way to set a roadmap for the year to come. But in these times of global economic uncertainty and slowing export demand, the annual Central Economic Work Conference which concluded in Beijing yesterday takes on extra significance. Following the session the government stated that it plans to remain focused on its goal of increasing domestic consumption, along with improving macroeconomic control efforts and carrying out an active fiscal policy. The statement comes following a number of recent economic stimulus decisions, including the 4 trillion yuan spending program the government announced. So what does the future hold for the Chinese economy in 2009? What are the big challenges ahead?
Ni hao, you're listening to People In the Know, your window into the world around you, online at crienglish.com here on China Radio International. In this edition of the show we're discussing this week's Central Economic Work Conference. So let's get started.
(Music)
First we'll hear from one of the leading economists in China. Zhuang Jian is the Senior Economist for the Asian Development Bank's Resident Mission here in China.
(Dialogue with Zhuang)
And after we take a short break, we'll hear from the World Bank.
(Promo)
Ni hao, you're listening to People In the Know, your window into the world around you, online at crienglish.com here on China Radio International. I'm Paul James in Beijing. In this edition of the program we're discussing the three-day Central Economic Work Conference held this week here in Beijing and what the future holds for the Chinese economy next year. For more on this we're joined on the line now by David Dollar, the World Bank's Country Director for China.
(Dialogue with Dollar)
And with that we close out this edition of People In the Know, online at crienglish.com here on China Radio International. Questions or comments for us can be sent to people@cri.com.cn. For Executive Director Zhao Yang and Producers Chen Mo and Xu Yang, I'm Paul James in Beijing. We'll talk to you tomorrow.
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