China's economic slowdown a result of "active" government regulation, Wen says

12:55, July 16, 2010      

Email | Print | Subscribe | Comments | Forum 

Chinese Premier Wen Jiabao said in Beijing Friday that the slowdown of China's economy in the second quarter was due to the government's "active regulation and control."

He made the remarks when meeting with the press along with visiting German Chancellor Angela Merkel after their talks.

China's economy expanded by 11.1 percent in the first six months from a year earlier after recording growth of 10.3 percent for the second quarter, compared with the 11.9 percent rise in the first quarter, the government said on Thursday.

"China's economy in general is in line with the government macro-economic regulation and control," Wen said.

According to Wen, the theme for the regulation and control in the second half of this year is to "maintain the continuity and stability of policy."

"Major efforts will be made to handle the relations among maintaining steady and fast growth, restructuring the economy and managing well the inflation expectations," he said.

"China will continue to adopt a pro-active fiscal policy and a moderately loose monetary policy," he said.

China set an annual economic growth target for 2010 at around 8 percent, with an increased focus on the quality of growth, according to Wen's 2010 government work report.

Source:Xinhua

(Editor:梁军)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
  • Photo taken on Sept. 29, 2011 shows strong wind blows trees in Sanya, south China's Hainan Province. Typhoon Nesat heads towards south China and is moving at an average wind speed of 20 km per hour toward the west coast of China's Guangdong Province. (Xinhua/Hou Jiansen)
  • A fallen tree is seen on a road in Qionghai, south China's Hainan Province, Sept. 29, 2011. Typhoon Nesat was predicted to land in Hainan later Thursday, bringing heavy rainfalls to the island. (Xinhua/Meng Zhongde)
  • Arash Kamalvand (L) of Iran spikes the ball during the semifinal against South Korea at the 16th Asian Men's Volleyball Championship in Tehran, Iran, Sept. 28, 2011. Iran won 3-1 to advance to the final. (Xinhua/Ahmad Halabisaz)
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
Hot Forum Discussion