China's economy is on the whole in good shape, but unstable factors, imbalances and lack of sustainability also affect the country's economic development, Chinese Premier Wen Jiabao said Thursday at the summer meeting of the World Economic Forum in Dalian City, northeast China.
These problems include excessively rapid economic growth, acute structural tensions, the inefficient pattern of growth, depletion of resources and environmental degradation, mounting pressure on price and entrenched structural and institutional obstacles, he said.
"To resolve these problems, we are putting into practice the scientific thinking on development and pursuing an innovation-based model of development," the premier said, outlining China's efforts in the following areas:
Maintain fast yet steady economic growth
Excessive growth of investment in fixed assets, oversupply of credit and loans and sizable trade surplus are major problem in China's current economic development, Wen said. To resolve these problems, top priority should be given to macro-regulation to prevent an already fast growing economy from becoming overheated.
"We are confident that with enhanced macro-regulation, the giant ship of Chinese economy will continue to surge ahead steadily," he said.
Speed up changing the pattern of economic growth
"To accelerate economic adjustment and raise the quality and efficiency of economic development is an urgent task facing China," the premier said.
Regarding the product quality and food safety issues that raised global concern, he said the Chinese government takes them "very seriously".
"We are working hard to adopt related legislations, improve the system of quality standards and strengthen quality control to effectively resolve problems in this area," he said, adding China will continue to work with other countries to improve product quality and food safety.
Promote coordinated development
"To address imbalances and lack of coordination in development is a long and arduous strategic task," he said, noting China is taking forceful measures to give stronger support to rural and other under-developed areas, speed up the development of social problems and gradually reverse the widening gap between agriculture and industry, between town and country and among different regions so as to ensure coordinated economic and social development.
-- Strive to build a resources-conserving and environment friendly society.
"China is committed to saving resources and protecting the environment," Wen said. Saving energy and reducing energy and resources consumption and pollution discharge have been set as obligatory targets in China's plan on national economic and social development.
The premier reiterated that the Chinese government takes climate change seriously and has formulated the national program on tackling climate change.
Improve the livelihood of the people
"To protect and advance the interests of the people is the ultimate goal of all our endeavors," he said, noting that the government will address issues concerning people's livelihood, like employment, social insurance system, educational, health and cultural development, housing condition, transportation, living environment as well as public administration, so as to ensure the benefit of reform and development will reach all.
Deepen reform
"China's economic and social development is driven by reform. We will continue to advance political reform, expand people's democracy, strengthen the rule of law, and promote social equity and justice so as to facilitate economic reform," Wen said.
Without political reform, economic reform will not succeed, the premier said.
Source: Xinhua |
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