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  1. Wen hints at more monetary easing

    Posted May 21st 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Premier Wen Jiabao said yesterday the country would step up efforts to maintain stable economic growth, in a statement that many read as a signal for imminent monetary easing. During a fact-finding trip to Wuhan, in Hubei province, over the weekend, Wen said macroeconomic controls should be 'improved and fine-tuned' in line ...

  2. No loosening yet, Wen says as growth dips

    Posted Sep 01st 2011, 12:00am

    ... Premier Wen Jiabao says the recent moderation in the mainland's economic growth is within 'expectations' and the result of the government's macroeconomic policies. Beijing will maintain its current economic policies despite a slowdown in the mainland amid faltering growth in main developed economies, Wen said in an article to be published in Qiushi magazine. ...

  3. Blunt-speaking Wen drives home inflation warning

    Posted Apr 15th 2011, 12:00am

    ... Premier Wen Jiabao raised the fight against inflation to another level, citing new challenges and uncertainties facing the country, in an unusually frank speech at a State Council meeting. Xinhua usually carries brief announcements in official jargon about decisions made in executive meetings. But a transcript of Wen's more candid comments published soon after the meeting ...

  4. Fighting inflation the top priority, says Wen

    Posted Mar 06th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Premier signals price curbs and steps to boost food supply Premier Wen Jiabao has called for stern measures to tame soaring inflation and pledged to take steps ... yesterday, Mr Wen said rising inflationary pressure was the biggest public concern and curbing price increases was a priority. Many factors are combining to drive prices higher on the mainland, ...

  5. Wen warns of threat from global economic slowdown

    Posted Mar 06th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Premier Wen Jiabao warned yesterday that the mainland should prepare to deal with increasing external challenges from a global slowdown. 'China is now at a critical period in its reform and development, and we must be fully prepared for changes in the international environment and become better able to defuse risks,' Mr Wen said. He devoted ...

  6. Premier to lower target for economic growth

    Posted Mar 05th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Wen to indicate easing policy in work report Premier Wen Jiabao will indicate a relaxation of government policy today when he sets a much slower growth target ... of 11th National People's Congress, Mr Wen will set an 8 per cent economic growth target for this year, a slowdown from the 11.4 per cent registered last year. The Consumer Price Index ...

  7. Market to get bigger role in yuan's value

    Posted May 17th 2007, 12:00am by Bill Savadove

    ... Premier signals flexibility on currency Beijing will allow the market to play a bigger role in determining the yuan's exchange rate, Premier Wen Jiabao said yesterday ahead ... of the market,' Mr Wen told the opening ceremony of the annual meeting of the African Development Bank in Shanghai. 'We're improving [the] management of foreign exchange reserves by expanding ...

  8. Drastic moves to further tighten reins of runaway economy unlikely

    Posted Jul 17th 2006, 12:00am by Wang Xiangwei

    ... sources said Premier Wen Jiabao is expected to chair a series of meetings this week to discuss the first-half figures and plot macro-economic control measures for the remainder of this year. They said Premier Wen was expected to urge tougher measures to quell the build-up in credit and land supplies amid soaring fixed asset investments and bank lending. In an inspection tour of Henan ...

  9. The battle to rein in wayward local officials

    Posted Jul 09th 2012, 12:00am

    ... example of the constant sparring between the central government and local officials than the property market. That explains why a report at the weekend of a pledge by Premier Wen Jiabao ... property companies when the markets open today. During a visit to Changzhou, Jiangsu province, Wen said the central government would not scale back its two-year-old campaign towards what had been ...

  10. Wen urges services sector to prepare for competition

    Posted May 29th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Premier Wen Jiabao has urged the services sector to restructure and prepare for increasing competition as it is opened up to global suppliers. Speaking at the opening ceremony of the first Beijing International Fair for Trade in Services yesterday, Wen said China would allow local companies to source their software, information, ...




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