Chinese Premier underscores fast, steady economic development

Chinese Premier Wen Jiabao (C) shakes hands with a construction worker as he visits the Yangshan Deep-water Port in Shanghai, east China, July 5, 2008. Wen Jiabao made a research trip in Jiangsu Province, east China, and Shanghai July 4-6 to investigate economic development in the two regions.(Xinhua Photo)

Chinese Premier Wen Jiabao has said the country will step up efforts to keep economic development fast and steady despite challenges from home and abroad this year.

Wen made the remarks during a three-day research trip to the eastern Jiangsu Province and Shanghai from Friday (July 4) to Sunday, where he met with local officials, farmers and entrepreneurs.

He said the countrys economy was developing in the expected direction after overcoming challenges from within and without.

Wen urged governments at all levels to further improve macroeconomic controls and optimize economic structure to avoid serious fluctuations in the countrys economy.

Fighting inflation was still one of the major tasks, he said, and governments should try to make price increases "acceptable" for both industries and the public.

Chinese Premier Wen Jiabao (L Front) visits Longteng Info Vision Opto-Electronics Co. in Kunshan of east Chinas Jiangsu Province, July 5, 2008. Wen Jiabao made a research trip in Jiangsu Province and Shanghai, east China, July 4-6 to investigate economic development in the two regions. (Xinhua Photo)

Wen also called for more efforts to protect arable land to ensure grain security and more efforts to create jobs for low-income families and college graduates.

He asked Jiangsu to coordinate development of the relatively backward northern part and the prosperous southern part of the province.

He asked Shanghai to boost growth of the service industry, with the focus on building an international financial center and an international shipping center.