Battling inflation
China Daily | Updated: 2007-11-22 07:12
When forecasting that China's economy is to grow 11.5 percent this year, Premier Wen Jiabao put in perspective the country's robust economic growth.
This year, the fifth year in a row of double-digit growth, does not amount to a big departure from the country's long-term growth trend which has stood at about 9 percent for almost three decades.
The more important message Wen delivered during his visit to Singapore is the need for the Chinese government to prevent the economy from overheating and make sure that structural price rises do not move toward high inflation.
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