国内新闻:Wen urges to stabilize food prices
The monetary policies should be stable in general but "moderately tightened" to secure a stable and fast-growing economy, said Premier Wen at a meeting of the State Council.
Wen said the country will continue to implement its current prudent fiscal and monetary policies.
He called for fiscal policies to be more supportive of industrial restructuring.
He said industrial production is growing at a rate that is faster than desired and the trade surplus is too big.
China's trade surplus in May soared to US$22.45 billion, up 73 percent from the same month last year.
Wen said the country would continue to adjust export rebates and tariffs on certain items while further improving policies to boost imports in a bid to address the climbing trade surplus.
Sustained fast growth of investment, excessive liquidity in the capital market and rising inflation pressure also deserve more attention, said Wen.
Wen said the government would control the supply of land and bank loans to high energy-consuming projects.
He also said financial, fiscal and taxation measures should be employed to guide the flow of capital. He said there should be more channels for capital outflow and for the use of foreign exchange.
Rising food prices have caused the consumer price index (CPI) to rise 3.4 percent in May, higher than the government's target of three percent.
Wen pledged to stabilize food prices by ensuring the food supply and enhanced supervision over food quality.
相关文章
- 英语文摘:China urges G7 to cease interfering in its internal affairs
- 英语文摘:External interference in Hong Kong affairs doomed to be self-defeating: Commissioner's off
- 英语文摘:Chinese FM meets Cambodian counterpart, calling on world to listen more to Asian voices
- 英语文摘:HKSAR holds chief executive election, winner ready to roll up sleeves
- 英语文摘:China central gov't office says Hong Kong takes fresh look with new electoral system
- 英语文摘:China to review 24 new legislative bills this year
- 英语文摘:Chinese ambassador urges U.S. to stop politicizing business, trade ties with China
- 英语文摘:China, Indonesia vow to safeguard peace, stability in East Asia
- 英语文摘:China prepares to launch Tianzhou-4 cargo spacecraft
- 英语文摘:China announces more measures to shore up small firms