NANNING, Oct. 5 (Xinhua) -- Chinese Premier Wen
Jiabao said here Sunday that China's financial institutions have generally
increased their strength, profitability and risk-resisting ability, and the
financial system as a whole is sound and safe in face of the international
financial crisis.
Wen made the remarks during an inspection tour to
Guangxi Zhuang Autonomous Region in southwest China.
Chinese Premier Wen Jiabao greets
workers as he visits an oil refinery under construction in Qinzhou City,
southwest China's Guangxi Zhuang Autonomous Region, Oct. 4, 2008. (Xinhua
Photo) Photo
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He
said that the world economic situation has had dramatic changes this year, the
United States' subprime crisis has been deteriorating and is having an
increasingly serious negative impact on the world's financial market and the
world economy as a whole.
Under multiple negative factors, both international
and domestic, China has reacted actively and properly, made efforts to improve
the predictability, pertinence and flexibility of macro-economic control
policies, and timely solved outstanding problems in economic development. As a
result, the country's economy has maintained its momentum of smooth and rapid
development, Wen said.
Generally speaking, China's economic foundations have
not changed and the economy is developing towards the preset macro control
targets, said the Premier.
"We have full confidence in China's economic
development and financial stability," Wen said, stressing that the most
important thing is to do our own business well, maintain the stability of the
economy and the financial and capital markets.
"It is the biggest contribution to the world when a
big country with a population of 1.3 billion is able to maintain a lasting,
smooth and fast economic development," he said.
On Saturday and Sunday, Wen inspected villages and
factories in the cities of Beihai, Qinzhou and Fangchenggang, and talked with
local people of different nationalities and from all walks of life.
He said that the development of Beibu Gulf should
focus on technological innovation and environmental protection to build into an
important zone for international and regional economic cooperation.
In Gaosha Village of Qinzhou, Wen inspected rice
paddy and visited farmers' homes. He said that the government will further
reinforce its support for agriculture, continue to increase subsidies to farmers
and raise the minimum grain purchasing prices to mobilize farmers to produce
more grain.
Chinese Premier Wen Jiabao examines the
growth of paddy at Gaosha Village in the Qinnan District of Qinzhou City,
southwest China's Guangxi Zhuang Autonomous Region, Oct. 5, 2008. Wen made
an inspection tour in Guangxi on Oct. 4-5. (Xinhua
Photo) Photo
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