Growth for jobs high on agenda

Top policymarkers will convene today to discuss how to grapple with the challenge of ensuring at least 8 percent economic growth next year while at the same time pushing forward with the nation's economic restructuring, economists have said.

The annual Central Economic Work Conference, to be held from today to Wednesday in Beijing, will set the tone for next year's economic policy. The three-day event is expected to shed more light on how the government will use fiscal and monetary measures to bolster employment and domestic demand, while reducing excessive dependence on exports.

"The meeting will detail measures for achieving at least 8 percent growth in 2009, the minimum required to keep the unemployment situation under control," said Song Hong, a researcher with the Chinese Academy of Social Sciences (CASS). Song was one of the two economists who attended a Nov 28 meeting with top Party officials to discuss economic priorities for 2009.