China accounts for about one-tenth of world energy consumption and the imported oil products account for about 48% of the country's total consumption of oil products.
Since 2008, an obvious change showing a downtrend has turned up in China's real estate market performance, bringing about a pronounced decline in volume of commercial housing trade and some drop of price rise.
At a time when China's economy is showing a downturn, we must intensify all types of investments to stabilize the economy and identify new areas of economic growth to stimulate consumption and the upgrading of the industrial structure.
China's reform was initiated in rural areas.
In 2008, the international financial crisis triggered off a world economic recession, and China's economic growth also witnessed a drastic downturn.
Since China began to implement the policy of reform and opening up, its economic and social development has scored great achievements.
The Chinese economy is currently at a major crossroad.
The year 2008 has been a year in which Chinese and foreign economic situations have turned out extremely complicated and quite changeable.