Wen outlines growth strategy | Shanghai Daily

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Wen outlines growth strategy

PREMIER Wen Jiabao said on the weekend that China would keep consistent macro-economic policies, promote structural adjustment, develop new growth sectors, improve growth quality and increase people's livelihood to ensure stable and fast economic growth.

He made the remarks when visiting factories and mines in north China's Shanxi Province on Saturday and yesterday. Shanxi is a leading energy base with pillar industries of coal, metal and chemical products.

At Taiyuan Iron and Steel (Group) Co Ltd, Wen said the steel sector must eliminate backward production capacity, speed up mergers and restructuring and link the sector with information technology, new materials and the recycling economy to make the industry stronger.

While visiting Taiyuan Heavy Machinery (Group) Co Ltd, he said high-end products could ensure a stable market share and China would make structural adjustment and expand domestic demand, especially consumption, as long-term and basic principles to cope with the global economic downturn.

At other companies, Wen stressed that only those that own high and key technology, independent intellectual property rights and high-end products could maintain long-term competitive edges.

It was especially important to develop new growth sectors through boosting new energies, new materials, biological medicines, energy-saving technology and environmental protection, Wen said.

The premier also visited a retired miner's home in Datong.

Jiao Jianzhong, 65, said he left his shanty three years ago and moved into the community built to relocate miners living at subsiding areas above coal mines. Wen said he was happy to see that Jiao's living conditions had improved.

Wen said coal miners should not be forgotten. He promised more measures to improve miners' lives.

He visited Tashan mine, with 15 million tons of annual production capacity and about 800 miners, under Datong Coal Mine Group.

Wen descended about 460 meters through a 7-kilometer tunnel into a pit to meet miners working underground.





 

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