China will continue to expand the "capacity" of the internal market
"Increase of the material and cultural needs of the people and the backwardness of production is the main contradiction in our society. Therefore, the progress is the key to the solution of all our problems ", said the Premier.
"We have taken 10 measures for further expansion of domestic demand and stimulation of the rapid growth of the Chinese economy," said Prime Minister Wen Jiabao.
According to the Chinese Premier during two years the amount of new capital investment has made $ 645 billion, and that has been used for the implementation of programs for the population income housing, improving the life of rural people and infrastructure.
"Over 18 million apartments have been built as secure housing for 5 years, and 12 million dilapidated housing has been repaired. 19.7 thousand new railways have been paved including 9 thousand high-speed railways. 609 thousand kilometers of new roads were made including 42 thousand kilometers of expressways. 31 new airports have been put into operation, and 602 deep-sea terminals have been created," said Wen Jiabao in his report.
"This year we should focus on expanding consumer demand of the population and improve the consumer environment", recommends the leaving Prime Minister Wen Jiabao to the Chinese government.
"You can not underestimate the role of investment in economic growth. We also have investment potential, and the demand for investment, " said the Head of the government.
Especially the Chinese Premier stressed upon the need to transform the pattern of economic development. He urged to eliminate excess capacity, speed up the reconstruction of traditional industries, vigorously develop new and high-tech industries, and improve the competitiveness of Chinese products in international markets.
It should be pointed out that the annual session of the China's Parliament opened on Tuesday in Beijing
