Wen make a remarks about china finance
Posted on Oct-06-2008· by china investor
PREMIER Wen Jiabao made a remarks about china finance in hard times during an inspection tour to Guangxi zhuang Autonomous Region in southwest China.
He said China’s financial institutions have increased their strength, profitability and risk-resisting ability,and the financial system as a whole was sound and safe in face of the international financial crisis.
The United States’ subprime crisis had been deteriorating and was having an increasingly serious negative impact on financial markets and the global economy as a whole.
Wen said that China had reacted actively and properly, made efforts to improve the predictability and flexibility of macro-economic control policies, and had solved problems in economic development.
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