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Gov't to further control macro economy
(Xinhua)
Updated: 2004-09-14 14:01 The Chinese central government pledged to further
implement macro-economic control policy through curbing investment in fixed
capital, improving land management and paying greater attention to grain
production.
The State Council, the country's cabinet, held an executive meeting Monday to
study the economic situation and make arrangements on economic work. Premier Wen
Jiabao presided over the meeting.
The executive meeting said that China should further control the scale of
bank loans, reform capital markets to protect the interests of investors, make
efforts to stabilize the market and prices, deepen reforms in grain marketing,
rural taxation, and financial sector. It also called for the reform of State
companies, boosting private economy and opening wider to the outside world.
It also pledged to seriously resolve problems that are closely related to
people's interests, such as employment and re-employment, low-income families,
people affected by natural disasters, and social stability.
The meeting passed, in general, the draft of the Provisions on Internal
Security of Enterprises and Institutions, which will be enacted by the State
Council after further amending.
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