Premier Wen Jiabao said yesterday China was confident and fully capable of
keeping a good momentum of economic growth this year despite domestic
difficulties and a global economic slowdown.
Addressing a seminar for the country's ministerial-level official in Beijing,
Wen said this year had been the most difficult year as China faced both global
challenges and domestic problems in economic operation.
Global financial instability and economic slowdown had exerted a strong
influence on the country. In addition, China had to tackle domestic problems,
including price increases and regional economic slowdown.
However, the country had adopted a series of counter measures and these had
proved effective, he said.
With huge domestic demand, relatively abundant capital and an improved labor
force quality, the country was fully confident and capable of reinforcing the
good momentum of economic growth. Wen noted the material wealth collected in the
past three decades and accumulated experience would help the country to address
problems arising from economic development.
Efforts should be made to rein in inflation and ensure macro-economy
stability, especially the financial market and the stock market, he stressed.
In his speech, Wen urged local governments and officials to put work and food
safety at the top of their agendas.
The development of enterprises and economy should not be at the cost of
people's lives and health, he emphasized.
Wen also vowed to beef up efforts to monitor food quality and rectify the
food market. All illegal activities should be severely punished to ensure people
have safe food.
He also championed the balanced development between the rural and urban
areas, saying agricultural issues should be the first priority of government
work
The seminar was presided over Vice Premier Li Keqiang. Vice President Xi
Jinping also attended.