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Urgent: China to curb excessive growth in fixed asset investment, money supplies
www.chinaview.cn 2006-04-14 23:13:04

    BEIJING, April 14 (Xinhua) -- The Chinese Government on Friday vowed to tackle outstanding economic problems, giving priority to grain production, increasing farmers' incomes, curbing fixed assets investment growth, and tightening money supplies.

    The decision was made at an executive meeting of the State Council, or the Chinese central government, on the economy presided over by Premier Wen Jiabao.

    The government made the decision after concluding that the investment in fixed asset and money supply increase over heatedly in the first quarter, while the foreign trade sector was still haunted by structural problem. Enditem

Editor: Luan Shanglin
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