Cleaner, greener growth
IN THE TEETH OF EUROPE'S WORSENING SOVEREIGN debt crisis, Premier Wen Jiabao's vow that China will increase its investment in Europe signals not only China's confidence in the eurozone economies but also its resolve to assume a bigger role in propelling global growth.
Such an assurance will surely be welcomed by investors who have become increasingly jittery in the wake of the continuing twists and turns of Europe's sovereign debt crisis.
However, the more important message that Premier Wen delivered at the ongoing "Summer Davos" in Dalian is not about addressing the concerns that EU countries have to face and fix right now. Instead, it was Wen's words on the conference's theme Mastering Quality Growth that demands full attention from policymakers from home and abroad.