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Last updated at: (Beijing Time) Friday, December 21, 2001

Chinese Premier on Economic Priorities in 2002

Chinese Premier Zhu Rongji Thursday said China will continue its policy of expanding domestic demand next year. When quicken the pace of restructuring and overhauling the market economy, Chinese people is supposed to have a clear understanding of difficulties and potential problems facing China in 2002.


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Premier expects market economy restructured

Chinese Premier Zhu Rongji Thursday said China will continue its policy of expanding domestic demand next year.

The premier said China will also continue its proactive financial policy and prudent monetary policy, quicken the pace of restructuring and overhauling its market economy.

The premier made the remarks in a report on the country's economic situation and planning at the 7th National Congress of China Federation of Literary and Art Circles (CFLAC) and the 6th National Congress of the Chinese Writers' Association.

China to face potential problems

He told thousands of Chinese writers and artists attending the congresses that China must be sober-minded and have a clear understanding of the difficulties and potential problems facing the country's economy in 2002.

Efforts must be made to prevent and overcome various risks and difficulties so as to maintain economic and social stability in the coming year, said the premier.

The meeting was presided over by Ding Guangeng, head of the Publicity Department of the Chinese Communist Party Central Committee.



Premier Zhu Rongji Stresses Sound Economic Growth


Chinese Premier Zhu Rongji recently urged the whole country to leave no stone unturned in its work to guarantee sound economic growth while the world economy is undergoing an obvious slow-down.

He asked the certain departments to create more market demand by increasing both investment and consumption, to encourage more exports, to further clean up the market and ensure fair competition of market players.

The premier also urged the departments to go further in improving performances of various state-owned enterprises, to hasten the improvement of the social security system, and to promote a sustained, fast and healthy development of the national economy.




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