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China's vice premier calls for steady, fast growth

(Xinhua)
Updated: 2009-08-24 06:37

XI'AN: Chinese Vice Premier Zhang Dejiang has said efforts should be made to promote steady and fast industrial growth while improving the quality of economic development.

Zhang made the remarks during a recent inspection tour in northwestern Shaanxi Province, underscoring the importance of adjusting industrial structure, promoting innovation and enhancing enterprise management.

He pointed out that the country's economy has shown a momentum of recovery from the global economic downturn, with more positive signs emerging, but the reviving foundation was not solid enough.

Related readings:  Shanxi reports negative GDP growth in H1  Shanxi coal firms jump on restructuring bandwagon  Shaanxi promotes closer tourism ties  China plans regional economic zone across Shaanxi, Gansu

The government should stick to the proactive fiscal policy and moderately easy monetary policy, and give priority to ensuring economic growth, he said.

More efforts should be exerted to expand domestic demand, carry out the massive economic stimulus plan, and promote stable and fast industrial development.

Zhang also urged cutivating new industries, eliminating backward production capacities, and supporting backbone enterprises as well as small and medium-sized firms.