Print This Page Email This Page
Wen Seeks Advice from Experts to Find Correct Course for Economy

Chinese Premier Wen Jiabao has held in-depth talks with top economists and entrepreneurs to discuss the current economic situation and the country's macro controls amid government efforts to steer the economy out of trouble against a background of global turmoil.

The Premier sat down with specialists in a wide range of fields from fiscal policy, finance and the corporate world, to agriculture, real estate and external economy, as well as company heads from big sectors such as petrochemical, telecommunications, auto, steel, nonferrous metal, machinery manufacturing, logistics and real estate, at the Zhongnanhai leadership compound in downtown Beijing on November 20 and again on November 25.

The economists and entrepreneurs gave their views on the current global economic and financial situation, the country's fiscal and monetary policies, issues concerning rural areas, farmers, and agriculture, real estate sector, financial sector, industrial restructuring, how to improve people's livelihoods, and the difficulties of some sectors and companies, and also offered some suggestions.

After listening to the economists and entrepreneurs. the Premier said the complication of the ongoing global economy had brought along new difficulties to framing and adjusting macro policies.

He said it would be difficult to make the right decisions if one was to only "rely on the past experience", or "the wisdom of a few".

He said the government would listen to a wide range of opinions in a bid to become "more scientific and democratic" in decision-making, and improve the transparency of decision-making.

He added the government's earlier decision to adopt "active" fiscal and "moderately active" monetary policies in response to changing economic conditions had played an important role in bolstering the economy.

He asked the State Council and ministries to deliberate on suggestions offered by economists and entrepreneurs for further improvement of macro policies.

Vice premiers Li Keqiang, Hui Liangyu, Zhang Dejiang and Wang Qishan, and State Councilor Ma Kai were also present at the meetings.

Premier Wen and some vice premiers also inspected enterprises in regions across the country, including the eastern Shanghai Municipality and Zhejiang and Fujian provinces and central Hubei Province, during the interval of the two meetings.

(Xinhua News Agency November 26, 2008)

Related Stories
- China to Establish 3-billion-yuan Fund for Troubled SMEs
- China Vows Quality Work in New Investments
- Premier Calls for Confidence Boost
- President Hu Puts Forward Proposals on Financial Crisis
- Employment in 'Grim Situation' amid Global Crisis

Print This Page Email This Page
China to Invest 120 Bln Yuan in 2nd Railway for Xinjiang
China to Make New Investment in Rural Schools
WB: China's Stimulus Policies Key for Growth in 2009
Vice Premier Stresses People's Housing, Health Care Needs
Grain Production Set for New High
Scientists to Further Collaborate on Climate Change, Water Cycles

Product Directory
China Search
Country Search
Hot Buys