Full Text: Report on China's central, local budgets

III. Managing Public Finance in Accordance with the Law and Tightening Management to Successfully Implement the 2011 Budgets

1. Strengthening and improving macro-control through management of public finance and promoting sound and rapid economic and social development

We will intensify monitoring and analysis of economic activities, closely track the implementation of the proactive fiscal policy, adjust and improve related policies and measures as needed, and strengthen the coordination of fiscal policies with monetary and industrial policies. We will attach even greater importance to stabilizing the overall level of prices; strongly support the production of grain, edible oils, vegetables, cotton and other daily necessities; stabilize supplies of chemical fertilizers, coal and refined petroleum products; do a good job of importing commodities for daily consumption as well as releasing reserves of commodities onto the market; promote a balance between supply and demand in the market and basically maintain price stability; and ensure the basic living conditions of low-income groups.