Released: 2012-02-23 23:52Invited by Mingsheng Bank, Nanjing Branch, last Friday, member of central bank’s monetary policy committee, Professor Daokui Li of Tsinghua SEM said in his speech, that the European debt crisis would find a solution, and the stock market in China will develop will in 2012.

Based on Professor Daokui Li’s analyses, the stable development of German-speaking countries like Germany, Switzerland and Netherlands will lead Europe out of the darkness of debt crisis, and they may find the way to solve this problem in 2012.

For the domestic economic situation in 2012, Daokui Li said that keep steady and make a change will become important. The GDP will keep 8.5 per cent growth in 2012, and the CPI will keep a 3 per cent level. 2012 will be the year of transition.

When talking about the stock market, Daokui Li emphasized that the China’s stock market will develop well in 2012. The stock market is concerned with the profits of a great amount of investors, and the long-term saving-the-market policy has already been considered by the administrators. How to improve the management of listed firms, how to improve the quality of listed firms and the mandatory dividend system will be the focus of administrators, and can become an important guarantee for the sound development of the stock market.

Chongqing Morning Post reported