Special Report: Global Financial Crisis

Chinese premier urges upgrading, innovation to tackle economic woes

Chinese Premier Wen Jiabao (2nd R) talks with officials at Anshan Iron and Steel Group Corporation in Anshan, northeast China's Liaoning Province, March 20, 2009. Premier Wen made an inspection tour in Liaoning on March 20-22. (Xinhua/Ju Peng) Photo Gallery>>>

    BEIJING, March 22 (Xinhua) -- Chinese Premier Wen Jiabao has called on enterprises and officials to place priority on industrial upgrading and innovation, urging them to move "early rather than late" to ride through the global financial crisis.

    Chinese companies should focus on adjusting product structure, improving quality and upgrading technologies in the face of economic woes, said Wen during a visit to enterprises in the northeastern Liaoning Province from Friday to Sunday. Full story