China Financial Daily

February 3, 2009

Premier Wen Jiabao brings orders to Europe

Filed under: Financial News — Tags: — Nancy @ 11:42 am -0800

Premier Wen Jiabao brings 15 billion U.S. dollars of orders to Europe
Wen Jiabao’s “confidence trip” to Europe not only brought wonderful lectures one by one, but also brought profitable orders.

On February 2, Premier Wen Jiabao ended his five-day trip to Europe and said in London that during European visit, Chinese enterprises had signed 15 billion U.S. dollars’ contract, whereas China would dispatch purchasing delegation to Europe to implement these procurement as soon as possible.

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January 12, 2009

Wen Jiabao talks about China economy under the financial crisis

Filed under: Financial News — Tags: — Nancy @ 3:39 am -0800

Wen Jiabao: China strives for getting ride of impact of financial crisis at the earliest stage
According to Chinese media reports, Chinese Premier Wen Jiabao said he hoped that China would recovery and revitalize the economy under the global financial crisis at the earliest stage.
China’s central government has developed a package of plans to deal with the financial crisis, especially with large scale of financial investment to promote economic development.

Wen Jiabao: measures on expansion of domestic demand growth have been effective
According to Xinhua News Agency, January 9-11, the CPC Central Committee Political Bureau Standing Committee, Premier Wen Jiabao gave an inspection tour in Jiangsu Province. Wen Jiabao stressed, in the face of the international financial crisis, we have to establish a firm confidence.
The package of policies and measures adopted by the central authorities to expand domestic demand have been seen the results, some companies started to increase product sales, inventories began to be decreased. Moreover, the electricity consumption began to recover, a number of economic indicators has shown signs of improvement.

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December 19, 2008

Premier Wen Jiabao: Chinese government will support HK and Macao

Filed under: Financial News — Tags: — Nancy @ 8:45 am -0800

Premier Wen Jiabao: Chinese government will support HK, Macao to keep the stability and development of economy
Chinese Premier Wen Jiabao said Friday that the central government will “take measures” to ensure Hong Kong and Macao’s financial stability and economic development amid the global financial crisis. The central government would help Hong Kong overcome challenges brought by the world financial crisis by promoting financial cooperation between the mainland and the Hong Kong Special Administrative Region (HKSAR), he said. The central government would help Hong Kong upgrade infrastructure construction and grant favorable policies for small and medium-sized HK enterprises, Wen said during a meeting with Donald Tsang, Chief Executive of HKSAR. The mainland would also ensure stable food and natural resources supply for the region and further open of its service industry market to HKSAR, he said.

Wen Jiabao separately met with the Chief Executive of Hong Kong and Macao and said motherland would always be a strong backing
Wen Jiabao said, “The central government fully believed that Hong Kong could overcome the difficulties brought about by the financial crisis, continue to consolidate and enhance Hong Kong as an international financial center, to maintain economic prosperity and development.” During his meeting with Edmund Ho Hau Wah, Wen said the central government would spare no effort to support Macao to overcome difficulties and maintain economic stability and development. The relevant policy measures supported from the central government to Hong Kong are applicable to Macao in principle. Wen hopes that the Macao government and social community strengthen their confidence and work hard in unity and maintain the good development of the situation in Macao

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