China’s Wen delivers "State of the Union"

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BEIJING, March 5 (Reuters) – Premier Wen Jiabao delivers China’s version of a “State of Union” address on Saturday. In a prepared text of his speech to the annual parliament session, Wen said that fighting inflation was the government’s top priority and warned about the impact of loose monetary policies in wealthy economies. (For a full story, click on [ID:nTOE723043]) Here are the highlights: Targets — China’s GDP will grow by around 8 percent this year — China will keep consumer price inflation to about 4 percent this year — China’s GDP will grow at an annual average rate of 7 percent over the next five years — China’s GDP size will exceed 55 trillion yuan in 2015 (at 2010 price…

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China’s Wen delivers "State of the Union"

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Posted by on March 4, 2011. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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