Economic recovery will take some time, premier warns

HANGZHOU: Premier Wen Jiabao has warned that the country still faces uncertainties despite signs of economic recovery, saying the government will maintain its macro economic policies.

In a statement on the government's website, www.gov.cn, Wen said Beijing will ensure a sustainable flow of credit and a "reasonably sufficient" provision of liquidity to support an economy that is facing fresh difficulties.

"There are still a lot of unstable and uncertain factors ahead and the economic situation ahead is still very grave, although both the world economy and the national economy are now making positive changes," Wen said during an inspection tour to Zhejiang province from Saturday to Monday.