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BEIJING, March 15, 2010 -- Overseas media have been maintaining focus on China's parliamentary sessions and Premier Wen Jiabao's remarks at an end-of-meeting press conference on Sunday.
Wen believed that China has to pay close attention to the trend of domestic and international economic conditions this year and take proper measures in accordance with changing situation, Vietnam News Agency said in a report.
China has to pay attention to its monetary policy, attach great importance to agriculture and maintain the continuity and stability of policies, said Wen.
The government should properly handle the relations between maintaining economic growth, adjusting economic development model and managing inflation expectation, which the premier described as "a tough job."
"Although it is a tough job, it should be addressed," he was quoted as saying.
According to a Vietnam News report, the Chinese premier believed that the path for China's economic development would remain uneven in the coming years and the country has to avoid any sense of letup, numbness and waver.
Wen said it needs international coordination to deal with the imbalances of the global economy, particularly macroeconomic policies, on how to maintain and stabilize the positive signs of economic recovery while implementing further financial reforms.
Wen stressed that China would work together with other nations toward a fair and reasonable new political and economic order of the world.
An article in Britain's Sunday Telegraph said "the manner in which America and the broader Western world engage with China doesn't reflect that reality. The West acts as if our relative decline is China's fault. In doing so, our political leaders demean themselves and us while making the outcomes we want less likely."
Regarding Obama's recent call for China to adopt a more "market-oriented exchange rate," and the U.S. Treasury Department's warning of new levies on Chinese products, the article said Obama "is playing with fire."
"The reality is that America's 'weak dollar' policy -- its long-standing practice of allowing its currency to depreciate in order to lower the value of its foreign debts -- amounts to the biggest currency manipulation in human history. At the same time, the U.S. has, for years, shamefully stalled on various rulings passed by the World Trade Organization that show America to be breaching global trade rules," it continued.
Commenting on Premier Wen's comments at Sunday's news conference, the Washington Post said Wen criticized U.S. call for China to let its currency rise against the dollar to boost U.S. exports, advising it to work harder to improve its financial system and directing it to change its foreign policy to improve relations with China."
Wen's comments underscored China's increasing self-confidence on the international scene following its success at coping with the global financial crisis, said the Post.
In an article "China denies currency undervalued," the British Broadcasting Corporation (BBC) cited Wen's remarks at the press conference that China "opposes all countries engaging in mutual finger-pointing or taking strong measures to force other nations to appreciate their currencies."
Japan's Kyoto News Agency said in an article that "Wen sought to provide reassurance regarding China's increasing weight on the world stage, repeating assertions that it is committed to peaceful development and its rise will not affect any country."
"China will never seek hegemony," Wen was quoted by the agency as saying.
Singapore's Lianhe Zaobao newspaper said the Chinese parliamentary sessions have a distinguished theme, that is how to adjust economic development model in the post-crisis era -- to shift from the exports-driven model toward one that boosts domestic consumption.
A number of bottle-neck issues restricting the adjustment of the development model have been systematically discussed in the parliamentary sessions, said the report.
The relation between the people's livelihood and economy has been officially established and more understanding has been reached on the insufficiency of economic system's reform and the reform on social system has emerged, it added. |