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China economy stable, but macroeconomic dilemmas: Wen Jiabao

'China's current economy remains good, but the domestic and international environment is extremely complicated,' Wen said on Saturday during a visit to Changsha in Hunan Province.

DNA Web Team

Updated : Jul 04, 2010, 04:50 PM IST

China economy stable, but macroeconomic dilemmas: Wen Jiabao

Chinese premier Wen Jiabao pledged to keep macroeconomic policy stable but warned of the difficulties of controlling the economy, a report on the government website said on Sunday.

"China's current economy remains good, but the domestic and international environment is extremely complicated," Wen said on Saturday during a visit to Changsha in Hunan Province.

He said China must "work to promote stable and relatively fast domestic economic growth, restructure the economy and manage inflation expectations to ensure the government's goals for 2010 are met".

"The severity of the international financial crisis and the difficulties of economic recovery have surpassed people's expectations, so the dilemmas of macroeconomic control have increased," he said.

"So we will not only take great efforts to solve some long-running structural problems but also we need to solve some existing and urgent problems."

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