Premier: 2008 likely to be most difficult for Chinese economy

Source: Xinhua | 03-18-2008 11:31

BEIJING, March 18 (Xinhua) -- The year 2008 may be the most difficult year for Chinese economy, largely due to growing uncertainties both inside and outside the country, said Premier Wen Jiabao on Tuesday.

"It will be harder to make decisions," Wen said at a press conference following the annual full session of China's top legislature.

"We have set 'two prevents' when mapping out this year's economic policies. The first is to prevent the fast-growing economy from being overheated, so that we can better address problems surfacing from the economic growth," he said.

"However, China is a developing country with a population of 1.3 billion, which demands us to keep the economy at an appropriate growth rate to confront the employment pressure," he said.

The problems that emerge on the way ahead shall be resolved through development, he stressed.

Editor:Zhang Pengfei