Premier vows to insist on macro-economic control


Updated Mon, 16 Aug 2004 00:00:00 GMT

CHENGDU, Premier Wen Jiabao has reiterated the importance of the macro-economic control policy and pledged to further consolidate the achievements of the macro-economic control and realize the preset targets for 2004.

   On Aug. 7, Wen presided over a meeting, in Chengdu, the provincial capital of Sichuan, with leading officials of the Guangxi Zhuang Autonomous Region, Chongqing Municipality, and Sichuan, Yunnan and Guizhou provinces.

   At the meeting, the premier said China's current economic situation is good, in general, and the central government's macro-economic control policies and measures are being implemented step by step and have been fruitful. But the macro-economic control is in its crucial stage, he said, calling for ceaseless efforts to accomplish the work of various kinds.

   In the second half of this year, the government will substantially strengthen the agricultural sector to increase grain production and farmers' income; further curb the rampant growth of investment and optimize the investment structure; strengthen the readjustment of economic operation to ease tension in the industries of coal, power, oil and transport; continue the economic restructuring by deepening state enterprise reform and promote the development of private sector; and deal with protruding issues that have a bearing on the interests of the people, to maintain social stability.