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Premier Wen: China's economy headed in right direction

07-01-2010 08:43 BJT

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China will stick to its current monetary policy course, because the economy is headed in the right direction. Premier Wen Jiabao says that's despite complicated circumstances.

Addressing a symposium of industrial leaders and economists earlier this week, Wen Jiabao said the domestic and external economic situation is extremely complicated, and China needs continuity and stability in its policies to "cement" positive economic trends.

He said the government needs to strike the right balance between sustaining growth and managing inflation expectations. And at the same time make structural adjustments to transform China's economic model, and lay a solid basis for rapid longer-term development.

Editor:Xiong Qu |Source: CCTV.com

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