Chinese Premier Wen Jiabao has held in-depth talks with top economists and
entrepreneurs to discuss the current economic situation and the country's macro
controls amid government efforts to steer the economy out of trouble against a
background of global turmoil.
The premier sat down with specialists in a wide range of fields from fiscal
policy, finance and the corporate world, to agriculture, real estate and
external economy, as well as company heads from big sectors such as
petrochemical, telecommunications, auto, steel, nonferrous metal, machinery
manufacturing, logistics and real estate, at the Zhongnanhai leadership compound
in downtown Beijing on November 20 and again on November 25.
The economists and entrepreneurs gave their views on the current global
economic and financial situation, the country's fiscal and monetary policies,
issues concerning rural areas, farmers, and agriculture, real estate sector,
financial sector, industrial restructuring, how to improve people's livelihoods,
and the difficulties of some sectors and companies, and also offered some
suggestions.
After listening to the economists and entrepreneurs. the premier said the
complication of the ongoing global economy had brought along new difficulties to
framing and adjusting macro policies.
He said it would be difficult to make the right decisions if one was to only
"rely on the past experience", or "the wisdom of a few".
He said the government would listen to a wide range of opinions in a bid to
become "more scientific and democratic" in decision-making, and improve the
transparency of decision-making.
He added the government's earlier decision to adopt "active" fiscal and
"moderately active" monetary policies in response to changing economic
conditions had played an important role in bolstering the economy.
He asked the State Council and ministries to deliberate on suggestions
offered by economists and entrepreneurs for further improvement of macro
policies.
Vice premiers Li Keqiang, Hui Liangyu, Zhang Dejiang and Wang Qishan, and
State Councilor Ma Kai were also present at the meetings.
Premier Wen and some vice premiers also inspected enterprises in regions
across the country, including the eastern Shanghai Municipality and Zhejiang and
Fujian provinces and central Hubei Province, during the interval of the two
meetings.
