|
|
NPC & CPPCC > Press Conference
|
China's stimulus package plan not fully understood(Xinhua)
Updated: 2009-03-13 11:03 BEIJING -- Premier Wen Jiabao said here Friday that China's stimulus package plan was not fully understood by the world. "Rumors and misunderstanding set the world stock market on a roller coaster ride," Wen told reporters after the National People's Congress closed its annual session. China has announced a 4 trillion-yuan (585 billion U.S. dollars) two-year economic stimulus package to boost growth and domestic demand, 1.18 trillion yuan of which will be funded by the central government. The stimulus package plan include four major components, including large-scale government spending, industrial restructuring and rejuvenation, scientific research and social safety net. Wen said large-scale government spending is the most direct, powerful and effective measure (to boost domestic consumption) and the 1.18 trillion yuan from the central government is new investment. Wen said the 1.18 trillion-yuan central government investment include projects concerning people's wellbeing, technology upgrading, environmental protection and major infrastructure projects. Other projects, including the 600 billion-yuan tax cut, old-age pension increase for enterprise retirees, salary increase to 12 million teachers, subsidies to farmers as well as an 850 billion-yuan three-year investment in health care reform were not included in the 4 trillion-yuan stimulus package, Wen said.
A message from the ongoing annual session of the National People's Congress (NPC), or the parliament, tells saving energy and protecting environment is a big government agenda.
|
       |
主站蜘蛛池模板： 英吉沙县| 安平县| 泸州市| 凤城市| 遵义县| 乌兰察布市| 峨边| 博兴县| 罗江县| 曲靖市| 常熟市| 桦甸市| 紫阳县| 循化| 新河县| 宜黄县| 上蔡县| 从化市| 阳信县| 土默特右旗| 开封县| 夏津县| 舞钢市| 西峡县| 新郑市| 巴林右旗| 高淳县| 达拉特旗| 盈江县| 绵竹市| 兴和县| 买车| 山东| 清新县| 宁陵县| 互助| 泰安市| 常山县| 新巴尔虎右旗| 多伦县| 花垣县|
