Related News
Wen's holiday foray seeks to lift citizens' confidence
Source: Xinhua |
January 3, 2009, Saturday
|
Print Edition
Print Edition
PREMIER Wen Jiabao has urged Chinese companies to stress innovation to combat the effects of global economic turmoil.
Wen made the remarks as he visited companies, markets, communities and rural areas in east China's Shandong Province over the first two days of 2009. He sought to reassure people that the economy will regain momentum.
"Try to develop new types of candles to cater to different cultures, which would capture a big market share," Wen said during a visit to Qingdao Kingking Group, the world's second-largest candle maker.
During a visit to Haier, the country's largest appliance producer, the premier praised the company's sales promotion and services in rural areas as a factor stimulating rural consumption, which he said will help ease the impact of the global financial crisis.
China kicked off a subsidized household appliance program in December and decided on Wednesday to further expand subsidies for farmers' purchases from February 1 to boost consumption.
"How Haier is dealing with the global crisis tells us there is opportunity amid crisis, and that opportunity lies in innovation, which will not only help shake off the impact of the crisis but also upgrade enterprises," the premier said.
Wen said the country will increase the subsidies to 15 billion yuan (US$2.2 billion) in 2009 from last year's 9 billion yuan. The move is expected to boost domestic spending by more than 100 billion yuan.
The policy will remain in force for at least five years and increase appliance sales by more than 500 billion yuan, Wen said.
In addition to highlighting innovation, he called on enterprises to design and develop high-quality, low-cost products for rural markets.
Wen also visited a village in Shandong Province to talk with rural families.
He reassured villagers that, in addition to the expanded subsidies, the government also is encouraging enterprises to buy old appliances and allow farmers to trade in older models for new ones as part of its moves to sustain domestic demand.
The premier promoted "confidence" wherever he went in Shandong, saying a solid material foundation, stable financial system, abundant cash flow, large domestic markets, appropriate macroeconomic policies and others steps boosted confidence.
Wen said the State Council, China's Cabinet, is drawing up two major plans.
One involves programs to expand demand, building on stimulus measures kicked off last year.
The other includes the readjustment and improvement of 10 pillar industries. Plans for the development of the steel industry and automobile industry are now under way, he said.
Wen made the remarks as he visited companies, markets, communities and rural areas in east China's Shandong Province over the first two days of 2009. He sought to reassure people that the economy will regain momentum.
"Try to develop new types of candles to cater to different cultures, which would capture a big market share," Wen said during a visit to Qingdao Kingking Group, the world's second-largest candle maker.
During a visit to Haier, the country's largest appliance producer, the premier praised the company's sales promotion and services in rural areas as a factor stimulating rural consumption, which he said will help ease the impact of the global financial crisis.
China kicked off a subsidized household appliance program in December and decided on Wednesday to further expand subsidies for farmers' purchases from February 1 to boost consumption.
"How Haier is dealing with the global crisis tells us there is opportunity amid crisis, and that opportunity lies in innovation, which will not only help shake off the impact of the crisis but also upgrade enterprises," the premier said.
Wen said the country will increase the subsidies to 15 billion yuan (US$2.2 billion) in 2009 from last year's 9 billion yuan. The move is expected to boost domestic spending by more than 100 billion yuan.
The policy will remain in force for at least five years and increase appliance sales by more than 500 billion yuan, Wen said.
In addition to highlighting innovation, he called on enterprises to design and develop high-quality, low-cost products for rural markets.
Wen also visited a village in Shandong Province to talk with rural families.
He reassured villagers that, in addition to the expanded subsidies, the government also is encouraging enterprises to buy old appliances and allow farmers to trade in older models for new ones as part of its moves to sustain domestic demand.
The premier promoted "confidence" wherever he went in Shandong, saying a solid material foundation, stable financial system, abundant cash flow, large domestic markets, appropriate macroeconomic policies and others steps boosted confidence.
Wen said the State Council, China's Cabinet, is drawing up two major plans.
One involves programs to expand demand, building on stimulus measures kicked off last year.
The other includes the readjustment and improvement of 10 pillar industries. Plans for the development of the steel industry and automobile industry are now under way, he said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
