In connection with this the premier ordered the MinistryofEconomicDevelopment and ASI to work on transparent mechanisms for concluding long-term contracts.
The Russian MinistryofEconomicDevelopment is slightly less optimistic, predicting that 2012 GDP growth will be in the 3.4-3.7% range (though it reserves the right to revise this upward if necessary).
Besides their own projects Putin ordered the tandem of ASI and Business Russia to unite with the MinistryofEconomicDevelopment and the Bank for Development in the preparation of new mechanisms of concluding long-term contracts in the real sector of the economy.
On the other side of the debate are China's commerce ministry and some members of its National Development and Reform Commission (NDRC), which formulates long-term economic strategy.