Print This Page Email This Page
Top Legislator Stresses Boosting Economy to Offset Quake Loss

Top legislator Wu Bangguo on Thursday called on the Chinese people to make more contributions to social and economic development to minimize the losses of the May 12 quake.

It is the 30 years of development that the nation relies on to weather the disaster, said Wu, chairman of the Standing Committee of the National People's Congress (NPC), adding that it is also the key to conquer the disaster.

Wu made the remarks after being debriefed by Vice Premier Li Keqiang on relief work since the devastating May 12 quake that is known to have claimed more than 50,000 lives.

Wu, however, acknowledged that the magnitude 8.0 earthquake, and the severe winter that hit southern China earlier this year, have caused "unexpected" consequences for the economy.

"It has become a more formidable task to accomplish the goals of social and economic development this year," he said.

Wu also said on Thursday that "quite a portion" of the stability fund of the central budget would be allocated to post-quake reconstruction, but he did not give the exact amount.

(Xinhua News Agency May 23, 2008)


Related Stories
- Central SOEs Hit by US$4.3 Bln in Losses
- WHO Sends More Medical Aid to Quake-affected Areas
- Food Supply Stable in Sichuan
- Overseas Donors Provide 150,000 Tents to Quake Area
- Earthquake Death Toll Rises to 51,151
- Road Reconstruction a Long-term Task
- Plant Gets Priority in Reconstruction
- China Faces Toughest After-quake Reconstruction Since 1976
- Catastrophe Insurance System Urged as Insurers Suffer Little Quake Loss

Print This Page Email This Page
E China Province Reports over 10,000 Measles Cases
Premier Makes 2nd Trip to Quake-hit Zone
Firms to Face Fines for Employing Kids
Steel Production Can Meet Reconstruction Demand
China Starts Biggest Ocean Expedition
China to Build 1 Mln Temporary Homes for Quake Victims


Product Directory
China Search
Country Search
Hot Buys