Impacts of China's Financial Crisis over: MinisterIn 2000, a series of positive changes has occurred in China's economy, overcoming the difficulties brought about by the financial crisis in Asia.Zeng Peiyan, minister of the State Development Planning Commission, made the remarks at a meeting discussing the economic situation in China. In his speech, the minister highlighted the active financial policy and stable currency policy of the central leadership, stressing that the policies have brought various macro-economic control measures into effective play. The declining of the economic growth in the country has been brought to a stop and the efforts to assist money-losing State-owned enterprises have made important gains, the official said, noting that the current economic situation has laid a good foundation for the accomplishment of the year's economic goal and future development. In the second half of the year, the government will continue to carry out the policy to stimulate domestic demands and resolve protruding problems in the economy, according to the official. The government will try to further increase the income of farmers, spur the consumer goods market, quicken the development of the information industry, and further deepen reforms of State-owned enterprises, he said. |
| People's Daily Online --- http://www.peopledaily.com.cn/english/ |