News Letter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- News Archive
- Feedback
- Weather Forecast
 Search
Advanced
 About China
- China at a glance
- Constitution
- CPC & state organs
- Chinese leadership
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 14:28, July 24, 2004
China's economy moves in right direction as expected: President
font size    

Photo:The CPC Central Committee has held a meeting to hear suggestions on economic work from leaders of the country's non-Communist parties, the national federation of industries and commerce and personage without party affiliation.
The CPC Central Committee has held a meeting to hear suggestions on economic work from leaders of the country's non-Communist parties, the national federation of industries and commerce and personage without party affiliation.
Chinese President Hu Jintao said Friday in Beijing that the Chinese economy is moving in the right direction as anticipated by economic policymakers.

Hu made the remarks at a meeting with leaders of the country's non-Communist parties, the national federation of industries and commerce and personage without party affiliation.

Premier Wen Jiabao gave a briefing on the country's economic situation during the first half of this year at the meeting, which was presided over by Hu.

"The various measures and policies introduced by the central government are being implemented step by step, and the whole economy is moving towards our anticipated targets of macro-economic regulation," the premier said.

In order to achieve a sustainable and healthy economic development and narrow the growing income gaps, China has tightened management of land releases and loans to selected sectors in order to cool the economy since late last year.

The Chinese economy grew 9.7 percent in the first half of this year. The government has increased support for farmers to boost grain production and raise their income.

President Hu spoke highly of the proposals and comments made by participants of the meeting to the central authorities on macroeconomic policies. Their remarks are important for the central authorities to perfect the policies, said the president.

Hu said China would continue to implement and improve its policies and measures for macroeconomic control, while giving priority to grain production and consolidating the fundamental position of agriculture and easing energy shortages.

Wen said the achievements China has made in macroeconomic control are still preliminary. He cautioned that the outstanding problems facing the economy have not been rooted out and the macroeconomic control measures should not stop half way.

Print friendly Version Comments on the story Recommend to friends Save to disk


   Recommendation
- China Forum
- PD Newsletter
- People's Comment
- Most Popular
 Related News
- China has made great achievements in economy: Hu 

- President pledges to open agricultural sector wider 

- President reiterates crucial bearing of grain production 

- President Hu stresses need to raise farmers' income 

- China's growth benefits world economy: President Hu  


Copyright by People's Daily Online, all rights reserved