Structural adjustment, inflation management key to avert "double dip": Premier

10:56, March 14, 2010      

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Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010. (Xinhua/Xing Guangli)

China needs to strike a balance between maintaining a relatively fast and stable development, economic structural adjustment and management of inflation expectation to avert a possible economic "double dip" this year, Premier Wen Jiabao said in Beijing Sunday.

Among the three major tasks, economic restructuring and transformation in development pattern must be given a priority to solve the imbalances, incoherence and unsustainability in China's economy, he said at a press conference after the annual parliament session concluded.

The world is still facing uncertainties in economic recovery with major challenges and problems in the world economy not being fully addressed, which poses risk of a "double dip," he said.

Source: Xinhua

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