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Recovery tailormade for home and abroad

By Ding Yifan | China Daily | Updated: 2009-03-11 07:48

This year's National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) have drawn more foreign media attention than in the past after Premier Wen Jiabao and other participants showed full confidence in the national economy's ability to recover from the current global downturn.

What is exceptionally noteworthy is the change from past surpluses in the financial budget to this year's deficit.

To boost economic recovery as soon as possible, a total 950 billion-yuan deficit has been planned for the year, or 3.1 percent of the country's gross domestic product.

Recovery tailormade for home and abroad

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