BEIJING, July 23 (Xinhua) -- Chinese President Hu
Jintao vowed to stick to the proactive fiscal policy and moderately easy
monetary policy in the second half year to sustain stable and relatively fast
economic growth.
Hu, who is also general secretary of the Central
Committee of the Communist Party of China (CPC), made the remarks at a
conference with leaders of the country's leading non-Communist Parties on
Thursday in Beijing.
Chinese Premier Wen Jiabao and other senior leaders
including top political advisor Jia Qinglin, Vice President Xi Jinping and Vice
Premier Li Keqiang, attended the meeting.
Hu said the Chinese economy is generally improving
because of the stimulus packages the Chinese government rolled out to weather
the global economic downturn, but caution against risks should be strengthened.
The macroeconomic policies should be maintained to
consolidate the current recovery to achieve the goal of eight-percent economic
growth for this year, Hu said.
China's annual economic growth quickened to 7.9
percent in the second quarter of this year, mainly boosted by a 33.5 percent
surge in fixed-asset investment driven by powerful fiscal and monetary stimulus.
The figure was compared with the 6.1 percent economic growth in the first
quarter and 6.8 percent in the fourth quarter of last year.
Hu called for thorough implementation of stimulus
measures to expand domestic demand. The government tried to boost domestic
demand to offset falling exports because of a slump of global demand. The
measures included programs of rural home appliance subsidy and home appliance
replacement and purchase tax cuts on autos.
Economic restructuring and innovation should be
enhanced to ensure economic recovery, Hu said.
In rural development, Hu called for efforts to boost
grain production and increase farmers' income through various channels. More
investment should go to ethnic, border and poor regions, Hu added.
Chinese Premier Wen Jiabao (C), speaks
during a meeting on economic situation with presence of industrial experts
and management in Beijing, July 10. (Xinhua/Yao Dawei) Photo
Gallery>>>
BEIJING, July 10 (Xinhua) -- Chinese Premier Wen Jiabao said Friday the
government should maintain sustainable and stable macroeconomic policy and
maintain a favorable economic situation.
Wen made the remarks at a meeting on economic situation
with presence of industrial experts and management. The meeting agreed that
favorable factors and conditions were accumulating, and the national economy is
turning better. Full story
BEIJING, July 23 (Xinhua) -- Chinese Premier Wen
Jiabao has urged the unswerving implementation of the proactive fiscal policy
and relatively easy monetary policy to shore up the economic recovery, despite
the "grim" fiscal conditions.
Wen also urged finance departments to implement the
stimulus package "at full swing", and beef up social security, as well as other
spending to improve people's lives. Full story
BEIJING, July 20 (Xinhua) -- Chinese Premier Wen Jiabao urged long-term
preparedness for dealing with the global downturn, saying China will tackle the
development issue through reform at a meeting for Chinese diplomats Monday.
Chinese President Hu Jintao also made a speech at the
four-day meeting. Full story
