 Highlights of Premier Wen Jiabao's remarks
(China Daily)
Updated: 2009-03-14 07:45
Stimulus package We have worked out plans to cope with even bigger difficulties. We have prepared enough ammunition and we can launch new economic stimulus policies any time. The most direct, powerful and effective way to deal with the current financial crisis is to increase fiscal spending - the quicker the better. Confidence is key Confidence is more important than gold or money. First and foremost, we need to be confident. Only when we have confidence can we have courage and strength, and only when we have courage and strength can we overcome difficulties. After months of efforts, the Chinese people have begun to take heart. I hope every Chinese person will warm up the economy with his or her warm heart. Forex reserves and the yuan We lent a huge amount of capital to the United States and of course we're concerned about the security of our assets. And to speak truthfully, I am a little bit worried. No country has the right to put pressure on China for devaluation or appreciation of its currency. Growth target of 8 percent I believe there is indeed some difficulty in reaching this goal. But with effort it is possible. It is just like how we need a compass on a sailing vessel to know where we are headed and when we will arrive at the destination. If you look at the countryside, no matter how much investment goes there, it won't be enough. Tibet and the Dalai Lama The Dalai Lama is not an ordinary religious figure, but a political exile ... The Dalai Lama runs around the world to various countries and can intoxicate some in the political world. Some Western countries exploit him. Regarding the Dalai Lama, not only do we have to look at what he says, but also at what he does. The problems between China and France arose mainly because the French leader met the Dalai Lama in a prominent way. This not only involved the core interests of China, but it also seriously harmed the feelings of the Chinese people. Taiwan Although I am 67 years old, if it is possible, I would like to go to Taiwan. Even if I can no longer walk, I will crawl to Taiwan. Fiscal deficit Our fiscal deficit is still manageable, and the level of debt is still in the safety zone. G20 meeting The G20 Summit must extend a helping hand to emerging economies, especially the least developed countries. China would do its part by continuing to cancel the debts of the least developed states and to apply zero tariffs on 95 percent of their exports to China. China Daily - Xinhua
(China Daily 03/14/2009 page1) |
