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Chinese Premier Wen Jiabao (L) smiles during an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009. (Xinhua/Yao Dawei)
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BEIJING, Dec. 27 (Xinhua) -- Chinese people should be proud of the country's economic performance as the government's economic stimulus package proved effective, Premier Wen Jiabao told Xinhua Sunday in an exclusive interview.
"We have stabilized economic growth and employment and maintained social stability over the past one year period, which is a comfort to me," he said.
China's economic growth has approached its pre-crisis level a year after the adoption of the 4-trillion-yuan (585.6 billion U.S. dollars) economic stimulus package.
The country's gross domestic product (GDP) grew 8.9 percent year on year in the third quarter of this year, accelerating from 7.9 percent in the second quarter and 6.1 percent in the first. In the third quarter of last year, its GDP rose 9 percent from a year earlier.
However, it is too early to grade the performance as the global financial crisis is not over yet and a lot of work is still on the way, Wen said.
"We will have to pay some price and face some unexpected difficulty in tackling such a big crisis," he said.
He took the country's credit expansion as an example. "It would be good if our bank lending was more balanced, better structured and not on such a large scale," he said.
Wen said that the State Council had noticed the issue in the middle of the year and started to correct it. "It has been improving in the second half of this year," he said.
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Chinese Premier Wen Jiabao (L) shakes hands with Xinhua President Li Congjun before an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009. (Xinhua Photo)
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Chinese Premier Wen Jiabao (L) shakes hands with He Ping, Editor-in-Chief of Xinhua News Agency, before an exclusive interview with Xinhua News Agency at Ziguangge building inside Zhongnanhai, an office compound of the Chinese central authorities at the heart of Beijing, capital of China, Dec. 27, 2009.(Xinhua Photo)
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Premier Wen holds exclusive interview with Xinhua
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Special Report: Premier Wen Jiabao Gives Exclusive Interview with Xinhua News Agency
