Tuesday 3 February 2009

CHINESE PREMIER'S 'TRIP OF CONFIDENCE' IN EUROPE



Chinese premier ends European tour in London

LONDON, Jan. 2 (Xinhua) -- Chinese Premier Wen Jiabao on Monday left London, and flew back to Beijing, ending his week-long five European countries trip.

Wen arrived in London on Saturday for his three-day official visit. During his visit, Wen had talks with his British counterpart Gordon Brown on various issues, mainly focusing on the financial crisis. And Wen had broad contacts with people from political, business and financial circles of Britain, and he also delivered a speech at the University of Cambridge. Full story

Chinese premier expresses confidence in weathering crisis, calls for cooperation

LONDON, Feb. 2 (Xinhua) -- Chinese Premier Wen Jiabao said Sunday that he is confident China will weather the global economic crisis, calling for cooperation to tackle the financial storm.

The confidence comes from a correct judgment of the current situation, Wen said in an interview with the Financial Times. Full story

Wen: co-op top priority to tackle financial crisis

CAMBRIDGE, Britain, Feb. 2 (Xinhua) -- Chinese Premier Wen Jiabao said on Monday that cooperation to tide over global financial difficulties is a "top priority" and urged people to "see China in the light of development."

"To work together and tide over the difficulties has become our top priority," Wen said in his speech at the University of Cambridge, Britain, the last leg of his weeklong "trip of confidence" to Europe. Full story

Wen calls for serious reflection on existing economic systems, theories

CAMBRIDGE, Britain, Feb. 2 (Xinhua) -- Chinese Premier Wen Jiabao on Monday called for serious reflection on existing economic systems and theories in the face of the current financial crisis.

The international financial crisis "fully demonstrates that a totally unregulated market economy cannot work," Wen said. "We must strike a balance between financial innovation and regulation, between the financial sector and real economy and between savings and consumption." Full story

Wen: Argument of big power bound to seek hegemony does not apply to China

CAMBRIDGE, Britain, Feb. 2 (Xinhua) -- Chinese Premier Wen Jiabao said Monday during a speech at the University of Cambridge that the argument that a big power is bound to seek hegemony does not apply to China.

"Seeking hegemony goes against China's cultural tradition as well as the will of the Chinese people," Wen said, adding that China's development does not harm or threaten anyone. Full story

China, Britain issue joint statement on closer cooperation amid int'l financial crisis

LONDON, Feb. 2 (Xinhua) -- China and Britain on Monday issued a joint statement, agreeing to strengthen cooperation and actively deal with the international financial crisis.

As two of the world's leading economies, China and Britain are crucial players in addressing the unstable economic climate, according to the joint statement issued after talks between visiting Chinese Premier Wen Jiabao and British Prime Minister Gordon Brown. Full story

Wen confident that China to keep growth at about 8% in 2009

LONDON, Feb. 2 (Xinhua) -- Chinese Premier Wen Jiabao said Sunday he is confident that China will maintain economic growth at "about 8 percent" this year.

"China's GDP was at 9 percent as a whole last year, but in the fourth quarter of 2008 we also had a big decline and it fell to 6.8 percent," Wen told the Financial Times. "Our economy is under increased downward pressures and all this means that we are now facing great difficulties." Full story

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