Wen Confident in 2010 Economy Despite Challenges-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Zinc
  • Futures movement
  • MMi Iron Ore Port Index
  • Nickel
  • Copper scrap
  • Copper
  • Aluminium
  • Stainless steel
  • Macroeconomics
  • Evening comments
  • Market commentary
  • Tin
  • Production data
  • inventory

Wen Confident in 2010 Economy Despite Challenges

Data Analysis 09:15:03AM Mar 01, 2010 Source:SMM

BEIJING, Mar. 1 -- Chinese Premier Wen Jiabao said Saturday he was confident about China's economic development in 2010, even though it would be "the most complicated year" for the nation's economy.

"Last year was the most difficult year for China's economic development in the 21st century, while this year will be the most complicated," Wen said during an online chat with Internet users.

"We will consolidate the economic recovery while addressing new challenges," he said.

"The top priority is balancing stable and comparatively fast economic growth with the adjustment of the economic structure and the transformation of the development pattern, while keeping inflation in check," Wen said.

"I have confidence in China's economic development," he added.
 

Wen Confident in 2010 Economy Despite Challenges

Data Analysis 09:15:03AM Mar 01, 2010 Source:SMM

BEIJING, Mar. 1 -- Chinese Premier Wen Jiabao said Saturday he was confident about China's economic development in 2010, even though it would be "the most complicated year" for the nation's economy.

"Last year was the most difficult year for China's economic development in the 21st century, while this year will be the most complicated," Wen said during an online chat with Internet users.

"We will consolidate the economic recovery while addressing new challenges," he said.

"The top priority is balancing stable and comparatively fast economic growth with the adjustment of the economic structure and the transformation of the development pattern, while keeping inflation in check," Wen said.

"I have confidence in China's economic development," he added.