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China Makes Efforts to Fight Difficult Economy

[2009-02-27 10:18:12]

The ruling Communist Party of China (CPC) said Monday the country will launch a comprehensive economic package to tackle an "austere and complicated" year ahead.

 "We will increase large-scale government investment, implement and readjust a plan to revive industries, make great efforts to boost innovations, and greatly enhance the level of social security," said a press release issued after a meeting of the Political Bureau of the CPC Central Committee.

 

BEIJING, Feb. 24 (Xinhua) -- Chinese President Hu Jintao has called for greater awareness of both hardships and opportunities presented by the global financial crisis in order to offset the impacts of the crisis.
 
In a speech to the Communist Party of China (CPC) Central Committee Political Bureau on Tuesday, Hu said China must be prepared for the most difficult and complicated situations in the world economy and meanwhile make good use of or create development opportunities amid the transformation of international and domestic conditions. 
 
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