“Stable” will be a key word for China’s economy in 2012.That’s the beat set at the annual Central Economic Work Conference held in Beijing on December 12-14, which reviewed this year’s development and mapped out plans for the next year.Policymakers at the conference decided to keep macroeconomic policies stable, seek a stable and relatively fast economic growth, stabilize consumer prices and maintain social stability in 2012. On the basis of stability, the government will transform the development model, deepen reform and improve people’s livelihood.

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