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| Premier Stresses Importance of Financial Work |
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Chinese Premier Wen Jiabao gave written instructions recently to China's financial work emphasizing the regulating role of finance in improving economic structure and transforming growth mode. Wen said financial tools should be used in strengthening public service, achieving justice and promoting the construction of a harmonious society. China is a big country with large population. China's financial work should take the whole situation into account with key points being emphasized and some leeway be left, said the premier. Wen emphasized that reform of the financial system should be deepened, financial management and supervision be strengthened, and the efficiency of fiscal fund use should be improved. The Chinese economy has been developing rapidly this year with better returns and lower price level. According to statistics, China's fiscal revenue has surged 24.7 percent from a year earlier to 3.61 trillion yuan (US$463 billion) through November and the figure for the whole year is expected to reach 3.9 trillion yuan. (Xinhua News Agency December 20, 2006) |
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