Wen Jiabao Financial Times Signed Article: China's Overall Price Level Controllable
Chinese Premier Wen Jiabao issued a signed article in the British financial times in June 23rd.
price level
Within the controllable range, and is expected to steadily decline.
Wen Jiabao wrote, "my answer is that China can control inflation and maintain rapid development."
Wen Jiabao wrote that China has
Restricted price
Rise in
Macro economy
The first place of regulation is the introduction of a set of targeted policies; these policies have worked.
He also said that the overall price level is currently in a controllable range and is expected to decline steadily.
Wen Jiabao also said imports are increasing rapidly, and he is confident that price increases will be effectively controlled this year.
Wen Jiabao said China will continue to cooperate with other countries to further realize the global economic recovery.
He called on responsible countries to join forces to strengthen macroeconomic policy coordination.
He wrote that countries should promote strong, balanced and sustainable development of the global economy, boycott protectionism, improve the international monetary system and tackle climate change and other challenges.
He also said that China's response to the crisis is to expand domestic demand and stimulate the development of the real economy, and said China will continue to seek economic restructuring.
Wen Jiabao will visit Europe on -28 June 24th and make an official visit to Hungary, Britain and Germany.
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