Chinese Premier Wen Jiabao shakes hands with an
enterprise chief during an enterprise meeting in Qingtian County, Lishui
City, east China's Zhejiang Province, on Aug. 22, 2009. Wen Jiabao
inspected Zhejiang from Aug. 22 to 24. (Xinhua/Li Xueren) Photo
Gallery>>>
HANGZHOU,
Aug. 24 (Xinhua) -- Chinese Premier Wen Jiabao has warned that the country is
still facing various uncertainties ahead despite signs of economic recovery,
saying the government will maintain the macro economic policies.
"There
are still a lot of unstable and uncertain factors ahead and the economic
situation ahead is still very grave, although both the world economy and the
national economy are making positive changes now," Wen said during an inspection
tour to east China's Zhejiang Province from Saturday to Monday.
Chinese Premier Wen Jiabao listens to introductions at
the Nice Group in Lishui, east China's Zhejiang Province, on Aug. 22,
2009. Wen Jiabao inspected Zhejiang from Aug. 22 to 24. (Xinhua/Li
Xueren) Photo
Gallery>>>
He said there have been increasingly more positive signs in
the country's economic performance, but stressed that the country's economic
recovery is still "unstable", "not consolidated", and "unbalanced" and warned
against blind optimism.
Chinese President Hu Jintao said on July 23 that the
country would maintain its macro economic policies, a week after the country
reported a rebound in growth in the second quarter.
Wen echoed Hu's comments on July
27 to say that the country should stick to its proactive fiscal policy and
moderately easy monetary policy for a sustained growth during a visit in
northeast China's Jilin Province.
Chinese Premier Wen Jiabao (L, front) talks with Pan
Jinmu, a villager of Taishi Hamlet, Qukou Village of Yongjia County coming
for processing a loan at Hengsheng Bank of Oubei Town, Yongjia County,
east China's Zhejiang Province, on Aug. 23, 2009. Wen Jiabao inspected
Zhejiang from Aug. 22 to 24. (Xinhua/Li Xueren) Photo
Gallery>>>
NANJING, Aug. 9 (Xinhua) -- Chinese Premier Wen Jiabao reaffirmed
during the weekend that China would unwaveringly adhere to its moderately easy
monetary policy in face of economic difficulties and challenges.
Wen said China would maintain both its proactive fiscal
and moderate monetary policies, and work on economic restructuring to strengthen
recovery from the global downturn. Full story
BEIJING, Aug. 9 -- The Chinese government will not change
its stimulus policies because it could derail its hard-won economic recovery,
though record bank lending in the first half of the year has raised fears over
credit risks and asset bubbles.
"The central bank is still committed to a 'moderately
loose monetary policy'," said Su Ning, deputy governor of the People's Bank of
China (PBOC), at a press conference in Beijing on Friday. Full story
BEIJING, Aug. 7 (Xinhua) -- There will be no change
in China's macro-economic policy orientation amid the world economic downturn,
said an official with the country's economic planner on Friday.
Zhu Zhixin, vice minister of the National Development
and Reform Commission (NDRC), said at a State Council Information Office
conference that the overseas market is still severe and the country's economic
policy direction will remain unchanged. Full story
BEIJING, Aug. 9 (Xinhua) -- Almost half of China's private
equity (PE) managers voiced optimism about China's mainland stock market despite
last week's share slump, latest survey showed.
In a survey conducted by China's state TV broadcaster,
China Central Television (CCTV) and simu.com, an information provider of the
field, of the 35 top PE managers that had been interviewed, 45.71 percent
predicted a bullish market in August. Full story
