China Faces âArduous Taskâ for Stable Growth, Society (Update2) Share | Email | Print | A A A By Bloomberg News http://www.bloomberg.com/apps/news?pid=20601087&sid=atpSKc5BP.2k Sept. 20 (Bloomberg) -- China, the worldâs third-largest economy, faces an âarduous taskâ in maintaining steady growth and a stable society, President Hu Jintao said, as the ruling communist party prepared to mark 60 years in power. âEnsuring and improving the peopleâs livelihood as well as the mission of maintaining a stable society are arduous tasks as we face the impact of the global economic crisis,â Hu said, who was speaking at an event to mark the founding of the Chinese Peopleâs Political Conference in Beijing today. Hu also spoke about the importance of national unity. China will mark the founding of the Peopleâs Republic in 1949 on Oct. 1 as the government helps fuel a recovery from the deepest global recession since World War II with a $586 billion stimulus plan. Beijing is also battling ethnic tensions in its Xinjiang region, where riots in July killed almost 200 people. âThe international financial crisis has had a great impact, and national competitiveness has become more intense and there are more unstable and uncertain factors,â Hu said. Chinaâs gross domestic product grew 7.9 percent in the second quarter, up from 6.1 percent in the three months through March. GDP growth slowed to 9 percent for 2008 from 13 percent in 2007. The nationâs 4 trillion yuan ($586 billion) stimulus plan, announced in November last year, runs through 2010. Chinaâs target of 8 percent growth in gross domestic product this year, while âdifficult,â is attainable, China News reported yesterday citing Yao Jingyuan, chief economist at the National Bureau of Statistics. âCritical Phaseâ The country is in the âcritical phaseâ of ensuring economic growth, China National Radio reported Sept. 18, citing the Fourth Plenary Session of the 17th Communist Party of China Central Committee. Ensuring stable growth is governmentâs top priority as the global economic recovery is expected to be slow, the radio reported. Curtailing ethnic unrest and a rise in protests nationwide has also become a priority for the Chinese government as it prepares to elevate a new generation of leaders who will begin to take office in 2012. Syringe stabbings in Chinaâs Muslim Xinjiang region have reignited the nationâs deadliest ethnic violence in decades. The attacks, which started on Aug. 17, followed July riots that left 197 people dead as tensions between Uighurs and Han Chinese turned violent. âActive Roleâ The Chinese Communist Party âneeds to play an active role to facilitate harmony in political, ethnic, religious and class relations among our compatriots at home and abroad,â Hu said. The party must crack down on âseparatist forcesâ that are plotting to create schisms between the nationâs 56 major ethnic groups, state broadcaster China Central Television reported on Sept. 18. In the first half of the year, the number of demonstrations, riots, and strikes nationwide rose for the first time since 2005, Outlook, a magazine affiliated with the official Xinhua News Agency, reported in early September, without giving specific figures. The ârise in incidents involving more than 500 people is worthy of heightened vigilance,â the article said. Yidi Zhao. Editors: Richard Dobson, Dick Schumacher. To contact Bloomberg News staff for this story: Yidi Zhao in Beijing at +86-10-6649-7575 or yzhao7@bloomberg.net Last Updated: September 20, 2009 06:39 EDT