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Premier Wen Jiabao invited by the General Assembly spokesman Li Zhaoxing met with foreign reporters and answered questions from reporters.

press conference began, Wen said that friends from the press, good morning. This year's \People's Congress adopted the government work report, also approved the government's package to tackle the financial crisis. I feel very calm. I remember last year on September 24, I am in New York said a word, that is, \At that time, the world was still a loss, we have prospects for the development of the financial crisis could not see.

Now, less than six months, we have proposed a package of response plans. To implement this plan, I still think that, first and foremost thing is to strengthen confidence. Only confidence can we have courage and strength, the courage and strength to overcome the difficulties. I hope this press conference can be turned into a boost of confidence and spread the confidence. This should be every journalist's conscience and responsibility, but also people's expectations. Murdoch will do this spring, next spring color times the people. I look forward to next year in China and the world will be better. Thank you.

[about the crisis]

We are ready to tackle even more difficult to program, and ample reserves of \

A reporter asked, in response to the international financial crisis, the government introduced a 4 trillion yuan economic stimulus plan. However, we note that your report did not launch as expected by some of the new stimulus plan, whether this means that a measure is working well? The future will also introduce a new economic stimulus plan? In addition, only 4 trillion 1.18 trillion yuan from the central government investment, how to ensure that the remaining sources of funding? This is the number of 4 trillion yuan which was the original plan and how much is the new investment?

Wen replied that some people do not read the package adopted by the Chinese all the content, I need to take this opportunity to briefly introduce to you.

First, after six months of efforts, we formed the package includes four elements, is the massive increase in government investment in large scale adjustment of the revitalization of industry planning, large scientific and technological support and substantial efforts to improve social security level. The four are interrelated and indivisible whole, it reflects our long term development plans and tackling the problem.

Second, the massive government investment is the most direct, most powerful, most effective measures. Two-four trillion investment plan, including the central government direct investment 1.18 trillion. Also through investment projects, attracting investment and private investment, and bank credit. I can clearly tell you that this 1.18 trillion yuan totally new. This year, our budget has been implemented in the 591.5 billion yuan.

Third, the central government invested 1.18 trillion yuan, mainly for livelihood projects, technological innovation, environmental protection, major infrastructure construction and the earthquake recovery and reconstruction. Other areas not included in these two years the program was 4 trillion yuan. For example, we have reduced the actual tax will be more than 5,000 yuan to 6,000 yuan; us to improve the standard pension for enterprise retirees; of 12 million to implement compulsory education performance pay for teachers to raise their wages; to increase the income of farmers to expand the scope of subsidies, and raise the subsidy standards; we will invest 850 billion yuan in three years the medical and health system. All of these funds were not in the 4 trillion yuan.

Fourth, we have added 4 trillion yuan investment in two years, some projects are already \These projects are already been evaluated, there is prepared, to speed up progress. So that we can in such a short period of time, to determine so many infrastructure projects. Some items are new arrangements, such as subsidized housing construction, we plan to three years, 7.5 million people in financial difficulties to solve the housing problem, 2.4 million living in shanty towns. After all of these projects are demonstrated, and will be fully open, the whole process of supervision.

Fifth, the face of this financial crisis, we made a long-term deal with the difficulties of preparation, set aside the policy space. In other words, we are ready to tackle even more difficult to program, and sufficient reserves \

9500 �� fiscal deficit is still manageable within the overall financial operation for the people of China open

budget deficit this year, a record 950 billion yuan of the question, Wen said, the first First, our fiscal deficit is still manageable within the scope of the debt is safe. It continued with our deficit reduction over the years about. When in 2003, when the fiscal deficit was 319.8 billion yuan, accounting for 2.6% of GDP, by 2008 the deficit was down 180 billion yuan, accounting for 0.6% of GDP. In 2003 we had 140 billion yuan treasury bonds issued in 2008, only 30 billion yuan. In recent years economic development, fiscal revenue, which gives space to expand the deficit and debt. Second, we must deeply understand the importance of the proactive fiscal policy. In the current financial crisis the most direct,Provide comprehensive [link widoczny dla zalogowanych], most powerful, most effective way is to increase financial input, and the sooner the better. There is another matter, the prevention of economic downturn, as the economy improves, the fiscal revenue will increase. This is a dialectical view of the fiscal deficit problem. Third, we must grasp the financial investment in two points: First, financial input should be used in solving the financial crisis, the most important, most critical and most urgent aspect; the second is through financial investment to our future generations to leave valuable wealth. Among the entire financial operation, we must strengthen supervision, including you, say the central government and local governments, we will be monitoring the implementation of full and open to the people.

achieve GDP growth of 8% target this year difficult, but the Chinese people's heart began to warm up

whether this year for China to achieve GDP growth of 8% target of the question, Wen said, I that is indeed difficult to achieve this goal, however, is possible through hard work. I think, for about 8% of the economic development goals, you can come to know from three aspects. First, we must consider its needs and possibilities; Second, this is the Government's commitment and responsibility; and third, that our faith and hope. Development goals, like a ship's compass, without a compass, do not know what direction the ship sailed, and what time to arrive. There is a proverb: This vessel has headwind instead of a tailwind.

about 8% on the realization of the possibility of this goal, I have been described in the report. I would like to emphasize three points: First, China is in the industrialization and urbanization accelerate the market development period, also in the consumption period of expansion and upgrading of the structure. China's 1.3 billion people in 800 million farmers. If you go to the countryside, I thought, how many investments are not that much. China's market in terms of population and area for more than the market in Europe and America. Second, China has abundant labor resources, a large number of personnel. Although the current employment difficulties, but in the long run, this is an important condition for the development. Third,Provide comprehensive [link widoczny dla zalogowanych], after 30 years of reform and opening up, especially in the past 10 years of reform, China's financial system is basically healthy and stable economic development, which provides a strong support. I can do an analogy, if the United States, Europe is in the financial sector and real economy, fighting on two fronts, then China is only to guard against financial risks, did not take money to fill the financial hole of finance. On the contrary, at this time, the financial to economic development offers a number of loans. You all know these numbers: Last year,[link widoczny dla zalogowanych], loans to 470 billion yuan in November, December 770 billion yuan, 1.62 trillion yuan in January this year, 1.07 trillion yuan in February.

In fact, the most important thing is that after months of efforts, the Chinese people's heart began to warm up. I think the economy warm heart warm. I am well aware of this financial crisis, no country is immune, can not overcome the impact from the international economy. But we know a truth, that is, \Therefore, I hope all the Chinese people in their own warm heart to warm the Chinese economy.

[about people's livelihood]

either students or migrant workers, employed not only their livelihoods but also their dignity, will pay very attention

referred to the Japanese press China's employment situation on the issue, Wen said the unemployment problem is that we are facing a very serious problem. We are taking a package plan, increase financial input, that is fundamental to promote economic development, and solve the unemployment problem of the most important thing is to vigorously support the development of SMEs, for SMEs to absorb 90% of employment. Students on the settlement of employment and employment of migrant workers, we have developed specific policies to ensure their implementation. I can tell the journalists, in the second half and the first two months of this year, an increase in unemployment, large numbers of migrant workers to return home, we still stable society in general. We will expand employment as an economic and social development is an important task, continue to take strong measures. I recall once, regardless of college students or migrant workers, employed not only their livelihoods but also their dignity. On this issue, the Government will attach importance to a hundred times not to be taken lightly.

in answer to a question on deepening reform of China, Wen said the financial crisis not only can not slow down reform, but also to speed up the reform, because only settlement mechanism and institutional issues, implementation of the measures to ensure . We must continue to promote economic reform, mainly to further improve the socialist market economic system. Specifically, is not only a strong macro-control, but also to give full play to the market's basic role in allocating resources; not only ensure a large-scale financial investment, but also to encourage private enterprise development and private capital investment; not only restructuring and revitalization of industrial planning to have, but also more attention to encouraging the vitality and power. We should actively promote the political system. I think the most important in the current three aspects: First, to develop socialist democracy, safeguard the people's freedoms and rights; the second is to reform the judicial system, promote social equity and justice; third is to strengthen all aspects of supervision, the government administrative operation of the law, and placed under supervision.

the bridge financing problem has been resolved to intensify the preparations for the year will start

issues raised by reporters in Hong Kong: Hong Kong and Macao in support of the central weather the financial crisis is still updated step of the plan?

Wen Jiabao said the central concern of this financial crisis, Hong Kong and Macao in the difficulties encountered, and I have been in the report made a number of measures. I would like to articulate points. Hong Kong is an international financial center, to address the financial crisis, the most important thing is to maintain financial stability, safeguarding international financial center. To this end, first, to strengthen financial cooperation between the Mainland and Hong Kong. I can tell you that the RMB trading settlement on the implementation of the pilot program, has completed the formulation of relevant central departments, the State Council approved, will be implemented as soon as possible. Second, the Mainland related to Hong Kong and Macao to accelerate infrastructure development. Here I would also like to clear that the bridge financing has been resolved to intensify the preparations for the year will start. Third, the CEPA will be signed within this year, supplementing the main service is to expand the opening of Hong Kong. Fourth, the central authorities have already approved the reform and development of the Pearl River Delta's long-term planning. The plan will help play to the strengths of the three, strengthen cooperation, complement each other. Fifth, support for the moderate economic pluralism, the Central is prepared to take new initiatives.

Hong Kong and Macao have experience in response to the Asian financial crisis. We fully believe that under the leadership of the SAR Government, the two people have the ability to deal with this financial crisis, overcome difficulties and continue to maintain prosperity and stability. Finally, I wish once again that the motherland will always be strong backing for Hong Kong and Macau, we will support the economic development of Hong Kong and Macao.

[On the cross-strait]

Taiwan is a treasure island, I always want to go. I really hope to have the opportunity to go to Taiwan and look around. Although I am 67 years old, but if there is a possibility, then even if the walk is to climb to

I am willing to cross-strait relations Taiwan reporters raised questions and asked Wen Jiabao, \can say that the indivisible. Take last year, despite the impact of international financial crisis, bilateral trade volume has almost 130 billion U.S. dollars. Among them, Taiwan's trade surplus was 77.8 billion U.S. dollars, have been settled in business in the Mainland, Taiwan, factories in as many as 30,000 more than the implementation of the investment capital has reached 47 billion U.S. dollars. In this situation closely, we should strengthen cooperation to jointly cope with the crisis. I have made in the report to accelerate the normalization of cross-strait economic relations and promote comprehensive economic cooperation agreements signed, and gradually establish the characteristics of cross-strait economic cooperation mechanism. I say if the mechanism of this agreement and in terms of depth step should include the \The first is to adapt the process of cross-strait relations; the second is to adapt to the needs of cross-strait economic and trade exchanges; the third is to adapt to the characteristics of cross-strait economic structure. The general is to achieve mutual benefit and win-win situation. We sincerely hope the two sides can seize the appropriate way to negotiate and signed an agreement to establish a cooperation mechanism conducive to both sides.

Taiwan is a treasure island, I always want to go. I really hope to have the opportunity to go to Taiwan and look around. I think of Ali, think of Sun Moon Lake, expect to go all over Taiwan, to reach out to Taiwan compatriots. Although I am 67 years old, but if there is a possibility, then even if the walk is to climb I am willing to go.

government work report, I have clearly mentioned that the interests of Taiwan compatriots and Taiwan's participation involves a number of activities of international organizations, such as the World Health Organization, we will make reasonable arrangements. We are willing to negotiate.

[about Tibet]

we see the Dalai Lama, not only to see what he says, and watch what he does. I can give you an example. Black and white, the Dalai Lama is possible to correct, but to rely on can never deny

made to British journalists on the Tibet issue, Wen said the overall situation in Tibet is stable, the Tibetan people wish to live and work. Protection of the Constitution and the Regional Ethnic Autonomy in Tibet people's freedom and rights, including freedom of religious belief. Years, the state also increased the financial input of Tibet, accelerate the pace of economic development in Tibet, to improve the lives of farmers and herdsmen. We will unswervingly implement the opening of Tibet policy, which is the need for self-development in Tibet. With what you said on the contrary, of Tibet's stability and continued progress in Tibet, that our policy is correct.

French journalists in Tibet and the France-China relations also raised questions. Wen said that Tibet is an inalienable part of Chinese territory and Tibet issue is purely China's internal affairs, brook no foreign interference, which is our principled position. Our policy towards the Dalai Lama is consistent and clear, as long as he gives up separatist activities, we are willing to take with him representatives of the talk, the door is always open. Last year, in very difficult circumstances, should be the Dalai Lama's request, we conducted three rounds discussed. Such contacts can be continued, the key is the Dalai Lama to have sincerity,Provide comprehensive [link widoczny dla zalogowanych], to make progress, substantial results. We said that Dalai Lama is not an ordinary religious figure but a political exile who is fully justified. They set up in Dharamsala, the \Dalai Lama traveling around the world,Provide comprehensive [link widoczny dla zalogowanych], quite capable of misleading some political figures in some Western countries to use him.

we look at the Dalai Lama, not only to see what he says,Provide comprehensive [link widoczny dla zalogowanych], and watch what he does. I can give you an example. Two days ago, the Dalai Lama the so-called Foreign Minister Yang Jiechi to refute his press conference, said that he has never let the Chinese troops withdraw from Tibet to the Han ethnic groups to withdraw from Tibet. This is indeed a demagogic. If you check out the Dalai Lama in the United States in 1987 \withdrawal of military installations in Tibet, Han Chinese moved into Tibet to be an immediate end to have access to leave. Black and white, the Dalai Lama is possible to correct, but to rely on can never deny.

China and France established diplomatic relations 45 years, although there have been ups and downs, but overall bilateral relationship is moving forward. The main problem between China and France are the leaders of high-profile meeting with the Dalai Lama in France, not only involves China's core interests, but also hurt the Chinese people's feelings.

We hope the French side to the issue in Tibet clearly shows that the attitude, and promote China-France relations to be resumed as soon as possible. This not only serves the interests of both China and France, also in line with EU interests.

[On the external storage]

huge amount of money we lend to the United States, of course, concerned about the safety of our assets. To be honest, I'ma little bit worried

reporter's question for the United States, Wen said that China is indeed the largest creditor, the United States is the world's largest economy, we are very concerned about the U.S. economy development. Obama's new government adopted a series of measures to tackle the financial crisis, we are expectations of the effect of these measures. Huge amount of money we lend the United States, of course, concerned about the safety of our assets. To be honest, I do have some concerns. Therefore I want you to call on the United States to maintain credit, to keep its promise to guarantee the safety of Chinese.

we all know, after years of reform and development,Provide comprehensive [link widoczny dla zalogowanych], we have accumulated a huge amount of foreign exchange, indicating that China's economic strength. In the foreign exchange reserve, the first is to safeguard our national interests. Always adhere to the exchange of \At the same time, we have to consider the stability of international financial markets. Because the two are interrelated.

Our goal is a reasonable and balanced level to maintain the basic stability of RMB. However, this is determined by the market and our own, and no country can not put pressure on RMB appreciation or depreciation of

As you mentioned, devaluation, this is not realistic. From July 2005 we introduced exchange rate reform, the RMB appreciated against the dollar 21%. While the recent appreciation of the RMB against the U.S. dollar rate is not that big, but the European currency, devaluation of Asian currencies, the RMB is actually appreciating the situation. This has put pressure on our exports. Our goal is a reasonable and balanced level to maintain the basic stability of RMB. However, this is determined by the market and our own, and no country can not put pressure on RMB appreciation or depreciation.

We are very concerned about the International Monetary Fund replenishment problem, and that this problem is very complicated. I would like to make the following principles. First, to reform the IMF's internal governance structure to prevent the risk of financing and investment, and implementing the rights and obligations of the principle of reciprocity, more attention to developing countries. Second, the replenishment of the International Monetary Fund is not a state of things, we advocate the organization in accordance with the Member States share a common responsibility. Third, other international financial institutions should also take a variety of means to provide financing. Fourth, any country in the replenishment of the International Monetary Fund should be from their own reality, on a voluntary basis.

[On the cooperation]

in the international financial crisis, the SCO countries also are subject to varying degrees of impact. We have a geographical proximity, complementary conditions, can cooperate to overcome the current difficulties

Shanghai Cooperation Organization Russian journalists how to work together to weather the financial crisis raised a number of issues. Wen Jiabao said in answer, we note that in this international financial crisis, the SCO countries also are subject to varying degrees of impact. By the SCO countries should strengthen cooperation and jointly cope with the crisis. We have a geographical proximity, complementary conditions, can cooperate to overcome current difficulties. To illustrate this, I would like to cite two examples. The first example, we recently signed with Russian oil, the financial package of cooperation agreements, to solve our problems of oil cooperation. Second, we also signed with Kazakhstan to strengthen the financial, energy and resources cooperation intent, we hope to be able to sign agreements during the year. Shanghai Cooperation Organization, some resources, energy-rich; some technological strength, high-tech development; some development is still lagging behind and need help. I think we can in the energy, resources,Provide comprehensive [link widoczny dla zalogowanych], transportation and other infrastructure and agriculture, high technology and other aspects of cooperation.

your \We believe that our economy is facing great challenges as well as the opportunities for development. If the real situation well, and proper measures, and implementation of timely and decisive, strong, China's economy has experienced a difficult test, will show greater vitality. I really hope that one day the Chinese economy will rebound. Some things just as you said, darkly mountains, vista. To act, not wait.

I hope This unprecedented financial crisis, the least developed countries do not become a forgotten corner, because their poverty is not only their pain, but also developed anxiety and instability in the world

reporters in South Africa and other developing countries, questions of cooperation, Wen said that in response to the financial crisis, the greatest difficulties encountered in developing countries,Provide comprehensive [link widoczny dla zalogowanych], but also the most easily overlooked. G20 financial summit must take care and help developing countries, especially least developed countries as an important issue. Millennium Development Goals can not be changed. I used to host Asia-Europe summit when leaders of developing countries to hear a speech, he said, some developed countries invest several hundred billion dollars is easy to pass, but the support and funds in developing countries since the Millennium Development was not implemented. So I stress, the Millennium Development Goals must not change. Developed countries, with particular emphasis on developing countries, financial assistance and policy support.

China is the largest developing countries. Before 2008,Provide comprehensive [link widoczny dla zalogowanych], we have done their duty, eliminating the 46 least developed countries,Provide comprehensive [link widoczny dla zalogowanych], debt, up to 400 billion yuan, and provide assistance to developing countries more than 200 billion yuan. UN General Assembly session last year, I also represent the Chinese government solemnly promised to continue free from the end of 2008 the least developed countries do not repay all outstanding debts, and their exports to China of 95% apply zero tariff. We are the first batch of donations to the FAO Investment and Development Fund, $ 30,000,000 of the country. We want to increase the reconstruction of Africa the number of hospitals and schools, increasing the number of African students in China and send more medical staff and teachers to support the LDCs in Africa. I hope This unprecedented financial crisis, the least developed countries do not become a forgotten corner, because their poverty is not only their pain, but also developed anxiety and instability in the world.