CPC Political Bureau maps out future economic  

中国经济“年中定调”五年最晚 忧患意识迎挑战

七月最后一天，中国经济的关注者们迎来了他们等待多时的“年中定调”。中共中央政治局31日召开会议，分析研究上半年经济形势和下半年经济工作。会议指出，要增强忧患意识，应对经济发展面临的诸多困难和挑战。

Beijing (CNS)--China's economic situation for the first and second half of the year was the topic of discussion at meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee on Wednesday.

According to the meeting, China will continue a proactive fiscal policy and a prudent monetary policy to further strengthen and improve macro control. The government will also enact further structural tax reductions to encourage steady growth in credit.

The meeting also focused on supporting the real economy, especially small and micro businesses, to promote balanced development among regions and actively yet prudently advance urbanization.

With regard to China's real estate market, the decision was for the government to pursue regulations and policies to curb speculation in this sector.