Wen: Do more to spur economy
Premier wants China to focus on maintaining growth
BEIJING: Premier Wen Jiabao urged more efforts to maintain relatively fast economic growth as the world’s second-largest economy has shown signs of further slowing.
“The country should properly handle the relationship between maintaining growth, adjusting economic structures and managing inflationary expectations,” Wen said during an inspection tour to Wuhan, capital city of central China’s Hubei province, from Friday to Sunday.
“We should continue to implement a proactive fiscal policy and a prudent monetary policy, while giving more priority to maintaining growth,” Wen said.
He said the central government would continue to strengthen and improve macro control efforts, carry out timely and appropriate anticipatory adjustments and fine-tuning, boost domestic consumption and stabilise external demand to promote steady and relatively fast economic growth.
During his tour, Wen visited several local enterprises and exchanged views with company representatives.
Wen called on entrepreneurs to remain confident in the face of difficulties, encouraging them to
We should continue to implement a proactive fiscal policy and a prudent monetary policy. — WEN JIABAO
explore new markets andd raise i their companies’ adaptability and competitiveness.
During his visit to a local career fair on Saturday, Wen vowed to increase financial input to provide more training for college students and employees.
Meanwhile, he said the government would continue to implement structural tax reductions to ease companies’ financial burdens.
The nation will further make its fiscal and monetary policies more targeted and flexible, optimise its credit structure and increase credit support to small and microsized enterprises, according to Wen.
More efforts should be made to boost domestic demand to drive growth, he said, adding that local governments should continue to provide preferential policies to farmers in order to promote agricultural production. — Xinhua