--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Telephone and
Postal Codes


Hot Links
China Development Gateway
Chinese Embassies

Premier Wen Stresses Need for Macro-control

Chinese Premier Wen Jiabao underscores the necessity of strict control of China's overheating economy at an executive meeting of the State Council, or the central government, he presided over Wednesday.

The meeting cited the in-depth development of economic structural reform as a "major task" of his government to fulfill this year.

By analyzing the present supply and demand situation and prices in the steel industry, the meeting underlined both the urgency and importance of macroscopic control of the industry and taking direct tough measures to cope with the hiking price of iron ore on the international market.

China is required to sternly control the export of steel products and strengthen the coordination and management of iron ore imports, the meeting found.

Meanwhile, the meeting called for the rigid control of overheating investments in fixed assets, especially in the real estate and urban development sectors, so as to cool down the excessive demand for production materials such as steel, a substantial step crucial to maintaining stable economic growth.

The meeting prompted the government to put due effort into implementing the tasks included in the work report delivered at the Third Session of the Tenth National People's Congress (NPC) on March 5.

Unstable and unhealthy factors should be eliminated from the country's national economy and the foundation for macro-control has yet to be consolidated during the current period of reform, noted the meeting, and they constitute essential steps to build a harmonious country with each element of society well developed.

To coordinate the work between agriculture and industry, rural and urban areas, economic and social development, domestic development and opening-up to the outside world are also of great importance, the meeting said.

(Xinhua News Agency March 31, 2005)

Measures Start to Take Heat out of Economy
China Not to Loosen Macro Economic Control: Ma Kai
Growth Expected to Slow Down in 2005
Economic Control Measures Work Well
Tightening Measures to Continue
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright ©China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688