Premier Wen Jiabao said the country's economic situation last quarter was "relatively good", but some experts still fear the bears could be back. "China's economic growth has started to stabilise," Xinhua cited Wen as saying in meetings he held between October 12 and 15 with industry leaders, company executives and some local government officials.
Premier of China between 2003 and 2013, Wen Jiabao served as vice-premier between 1998 and 2002. Wen, who was born in 1942, spent 14 years working in Gansu province’s geological bureau before being promoted in 1982 to vice-minister of geology and mineral resources. Wen graduated from the Beijing Institute of Geology in 1968 and has a master’s degree in geology. He was a member of the Politburo Standing Committee between 2002 and 2012.