Tag: Wen Jiabao

• Tuesday, March 8th 2011 - 22:39 UTC

  China admits “labour surplus” of 32 million, 14 million of which college graduates

  

  China, normally contrary to releasing unemployment figures, has admitted to having a “labour surplus” of 32 million workers, according to Human Resources and Social Security minister Yin Weimin.

• Saturday, March 5th 2011 - 06:55 UTC

  Chinese congress targets social stability; admits inflation and corruption

  

  China must ensure social stability by reducing inflation and corruption, Premier Wen Jiabao has told the parliament's annual session. Mr Wen has been addressing about 3,000 delegates to open the National People's Congress in the Great Hall of the People in Beijing.

• Tuesday, March 1st 2011 - 00:07 UTC

  China lowers annual economic growth target from 7.5% to 7%

  

  China's Prime Minister Wen Jiabao says China is lowering its annual economic growth target from 7.5% to 7% and is determined to contain soaring prices. He was speaking in a question and answer session with internet users in what has become an annual online chat. Mr Wen said China needed to ensure that growth was sustainable.

• Friday, February 18th 2011 - 16:38 UTC

  China again raised bank reserves (eight times in 12 months) to rein inflation

  

  China’s central bank raised reserve requirements for lenders 10 days after boosting interest rates as Premier Wen Jiabao tackles accelerating inflation and the risk of asset bubbles in the fastest-growing major economy.

• Sunday, January 2nd 2011 - 23:30 UTC

  China reiterates commitment to combat consumer inflation

  

  Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.

• Friday, December 17th 2010 - 07:01 UTC

  Asia’s emerging giants move closer; agree trade goal of 100 billion USD by 2015

  

  India and China agreed to raise the bilateral trade to 100 billion US dollars by 2015, step up investments and permit banks of other countries to open branches and representative offices.

• Thursday, November 18th 2010 - 10:58 UTC

  China to provide food subsidies fearing price inflation and social unrest

  

  China's government has said it will provide poorer households with subsidies in response to double-digit food price inflation. Inflation accelerated to 4.4% in October, with food prices rising 10.1%.

• Tuesday, August 24th 2010 - 05:01 UTC

  China ready to celebrate 30 years of economic success, admits “social debt”

  

  Chinese Premier Wen Jiabao called for implementation of political reform measures during a tour in Shenzhen, the nation's first special economic zone (SEZ) which thirty years ago opened the way for the economic reforms that have helped China become a world power.

• Monday, July 19th 2010 - 04:14 UTC

  China promises Germany’s Merkel support for the Euro

  

  Chinese Premier, Wen Jiabao, has said that China will continue to invest in European markets, despite the debt problems affecting many Euro zone countries. He was speaking in Beijing alongside the German Chancellor, Angela Merkel. She described his pledge as an important signal that China has confidence in the Euro.

• Monday, July 12th 2010 - 03:04 UTC

  Mrs. Kirchner in China to try and reopen the soy-oil market

  

  Argentine president Cristina Fernández de Kirchner arrived Sunday in Beijing with a delegation of 70 businessmen and an agenda concentrated on trade issues including one which is fundamental for Argentina, the resumption of soy-oil sales to China which have been banned for several months.