Use of foreign capital saw sustained and rapid growth, with the contracted amount being up 59.1 percent $ billion) and real use of foreign capital being up 53.6 percent $ billion). The consumer price index increased by 0.3 percent. Money supply also increased correspondingly, including broad money, which was up 18 percent from the same period in 2002.
We are now paying close attention to the development of the macroeconomic situation. While preventing deflation, we also need to avoid economic overheating. For 2003, we project that annual economic growth will remain at around 7 percent; the CPI will rise 1 percent; foreign trade will grow 7 percent; and the registered urban unemployment rate will be 4.5 percent.