Chinese premier highlights scientific economic policies gucci outletShen's remarks followed Monday's release of key economic data for the first six months. The data showed that nominal retail sales grew 12.7 percent year on year to 11.08 trillion yuan (1.8 trillion U.S. dollars) in the first half. The growth rate increased by 0.3 percentage points from the first quarter, according to the National Bureau of Statistics. In June alone, retail sales totaled 1.88 trillion yuan, up 13.3 percent year on year, marking the fastest growth since the start of the year. Shen said the year-on-year increases have fallen within a range that points to relatively fast consumption growth. The growth rate has continued to rebound since March and mass consumption has also increased steadily, he added. Consumer confidence in the short-term may be undermined by cheap timberland boots slower income growth, the exit of some stimulus measures and adjustments in the consumption structure, although a stable macro-economy in the first half will lay the foundation for steady consumption growth, according to Shen. China has been trying to retool its economy into a consumption-led growth model in order to shift its reliance away from exports and investment. Zhang Dawei, director of Centaline Property's research center, said he expects the expansion to be announced in the third or fourth quarter of the year, most likely in second- and third-tier cities. China needs to guard against potential risks in financial sectors and should keep a prudent monetary policy, according to an April 25 meeting of China's top leaders. Floods in China's northeast, which is the gucci bagscountry's farming heartland, and droughts in the northwest and southwest will hurt output, while falling pig prices, tight supply of beef and mutton, and the outbreak of H7N9 influenza will also weaken the industry. The 7.0-magnitude quake that hit Lushan County in southwest China's Sichuan Province also dealt a blow to regional agricultural production. To cope with these challenges, efforts must be made to ensure stable supply and prices, according to the statement. The meeting stressed the importance of hermes outlet smooth spring farming, encouraging the use of machinery in ploughing to boost output and lay foundations for developing modern agriculture. The cabinet also pledged to raise the minimum purchase price of corn, and increase pork reserves to prevent steep falls in prices. Facilities to raise flocks and herds should be standardized and improved. More subsidy funds should be allocated to major producers to boost beef and mutton supplies, it urged. The government also vowed harsher punishment for fake meat production. Pork adulterated with clenbuterol or from diseased pigs has been found by police in recent years, with the latest astonishing case gucci bags outlet involving making fake mutton and beef from rat, fox and mink by adding chemicals like toxic gelatin. Special importance should be attached to the poultry sector after the bitter loss caused by the H7N9 avian flu virus, the statement said. It was proposed at the meeting that central finances will also provide short-term subsidies for loans by the key poultry processing enterprises, so as to mitigate damage caused by the virus. H7N9 has killed at least 31 people thus far since it was first detected in Shanghai in hermes handbagsMarch. Fearing a bird flu outbreak, the Chinese government ordered the culling of poultry in some areas and the safe disposal of the animals in order to prevent them from entering the food chain as well as the feed chain. Meanwhile, the cabinet demanded the recovery of agricultural production in the quake-stricken area as soon as possible. Sichuan has been serving as China's major pig raising base. The repair of facilities and farmland and the restoration of crops and livestock should be speeded up, with central and local support, it said. The meeting also covered policies to optimize funds supporting agriculture for more profound farming development and secure the livelihoods of people with low incomes. The government demanded all local authorities enhance the farming sector, so as to guarantee sustaining output and supply of major farm produce, increase the pace of agricultural reform and innovation, help curb replica gucci inflation and improve living standards in rural areas.

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