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Wen Jiabao: Studying And Formulating Measures To Deal With International Financial Turbulence

2011/8/10 9:06:00 46

Wen Jiabao Measures International Finance

Premier Wen Jiabao presided over the executive meeting of the State Council today (9) to analyze the current international situation.

Finance

The situation and its impact, and formulate countermeasures.


The meeting pointed out that the current international financial market has seen rapid turmoil, and the uncertainty and instability of the world economic recovery has increased.

We must sober up and observe, calm down, and prepare for risk prevention.


The meeting held that this year, our country

Economics

Social development continued to maintain a good momentum, the positive effects of macroeconomic regulation and control gradually emerged, the economy maintained steady and rapid growth, overall price control was effective, and structural adjustment was actively promoted.

We must maintain the continuity and stability of macroeconomic policies, improve the pertinence, flexibility and foresight of policies, grasp the intensity, rhythm and key points of macroeconomic regulation and control, handle the relationship between the three aspects of maintaining stable and rapid economic development, readjust the economic structure and manage inflation expectations, and strive to price prices.

Gain

Down and continue to maintain steady and fast economic growth.

We will continue to take comprehensive measures to safeguard China's economic and financial security.


The meeting stressed that China supports the efforts made by the parties concerned in financial stability and economic growth, supports the statement made by the finance ministers and central bank governors of the group of 20 on stabilizing financial markets, calls on all countries concerned to take effective fiscal and monetary policies, reduce fiscal deficits, properly handle debt problems, maintain safe and stable investment in the market, and safeguard the global economy.

Investor

Confidence.

The international community should strengthen communication and coordination of macroeconomic policies and promote the strong, sustainable and balanced growth of the world economy.


 
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