Given the national economy's stable, fast development accompanied by the downward industrial profits, the National Development and Reform Commission expects to secure the consistency and stability of the macro-control policy on one hand and minor adjustments at right time on the other for second half of the six months in 2005.

Zhu Hongren, deputy director for economic operation bureau under the Commission, said China would consolidate and improve its macro-control efforts in the next half year to create a good macro environment for businesses and in particular curb the "blind" expansion of production capacity in certain sectors.

He added that the leverage of macro-control would be maneuvered according to the changes of performance in different sectors. The market, he said, will be given a bigger role to play in the course of the adjustment and prudent attitude will be held toward the consideration of any significant steps.

By People's Daily Online