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Wen: China faces multiple goals

(chinadaily.com.cn)
Updated: 2010-03-14 12:11
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Chinese Premier Wen Jiabao said today that China is under pressure to maintain its economic growth while also controlling the inflation.

"Inflation, unfair income distribution and corruption affect the social stability, even the State's power," he said.

Wen admitted that it is a very difficult task to deal with the relationships among economic growth, economic structure adjustment and efforts to control inflation. China will ensure that policies are better targeted and flexible, he said.

"China will continue to implement a proactive fiscal policy and a moderately easy monetary policy in 2010," Wen said.

China gives high priority to agriculture development and will make every effort to ensure a bumper harvest, since agriculture is the lifeline of the whole economy, he said.