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Wen urges firm implementation of proactive fiscal policy
(Xinhua)
Updated: 2009-07-24 15:37 Chinese Premier Wen Jiabao has urged the unswerving implementation of the proactive fiscal policy and relatively easy monetary policy to shore up the economic recovery, despite the "grim" fiscal conditions.
He made the remarks prior to the national conference of finance bureau heads, which is held from July 23-24 in Beijing. The economy is at a critical moment on the road to recovery, and the fiscal conditions remained "grim", he said. Wen asked finance authorities to cut back unnecessary expenditure, and put the money into the real economy to promote solid recovery. (For more biz stories, please visit Industries)
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