Premier Wen Jiabao of the State Council met with overseas representatives attending the 2010 China Development Forum Annual Conference at the Great Hall of the People on the afternoon of the 22nd，On the world economic situation，Especially as China continues to respond to the international financial crisis、Maintain stable and rapid economic development、Accelerating the transformation of economic development methods and promoting international economic and financial cooperation and other issues，Have in-depth conversations with them。The following are the highlights and summaries of Premier Wen’s speech——
Credit——
Last year we implemented a moderately loose monetary policy，It is necessary to maintain sufficient liquidity，Loans are balanced and sustainable，But not entirely as expected。This shows that we still have shortcomings in financial regulation and supervision。
Some people who don’t know，Thought the Chinese government intended to expand credit。In fact，This is exactly what I worry about every day。
China attaches great importance to the development of capital market。Even in the most difficult times，We have not relaxed capital market reforms。
Energy Saving and Emission Reduction——
China’s carbon emission intensity will be reduced by 40%-45% by 2020。We must break down and implement this goal into“Twelfth Five-Year Plan”Under planning。China’s emission reduction target does not attach any conditions，We must strive to do better。
Foreign Trade——
China is willing to strengthen cooperation with companies with advanced technologies in the world。The Chinese government will create opportunities for you，Please don’t lose the opportunity。
I appeal again，All responsible countries in the world，All entrepreneurs with conscience，Don’t fight trade wars or currency wars，That will not help us cope with the difficulties。
This year3Early month,The deficit has appeared.
We welcome American companies to invest in China，China will import more American products
Sustainable development——
Yesterday I just went to Yunnan, a dry area in the southwest，I also saw farmland there“Two bulls arguing”'s scenario. All these will affect China's sustainable development.
China-US relations——
There is a saying in China, that is“There is no way out despite the mountains and rivers, but there is another village with dark flowers and bright flowers”。Looking back，Contradictions and differences between China and the United States，Easily solved one by one，China-US Politics、Economic relations will become closer。
Wen Jiabao talks about credit Response“Intention to expand credit scale”On
Gelin, Chairman of HSBC Group, first asked: What considerations does the Chinese government have in improving the financial system and developing the capital market？
Wen Jiabao said，China can cope with the international financial crisis relatively well，An important reason is that the financial system is relatively healthy，Not greatly affected。But China’s financial system is not without its problems，It’s just that our bank does not make high-leverage risk investments。In fact，Europe and the United States have more experience in banking supervision than we do，After all, you have more than a hundred years of history，We only have a history of more than 20 years。When I first visited the Bank of England，The biggest feeling is bet365 online sports betting mobilethat there are too many doors、Small window。I didn’t expect it，The international financial crisis has also involved the European banking industry。
Wen Jiabao said，We must establish a complete system through reform、Health、Sustainable financial system。Last year we implemented a moderately loose monetary policy，It is necessary to maintain sufficient liquidity，Loans are balanced and sustainable，But not entirely as expected。This shows that we still have shortcomings in financial regulation and supervision。Some people who don’t know，Thought the Chinese government intended to expand credit。In fact，This is exactly what I worry about every day。At the Davos Forum last summer，I proposed to manage inflation expectations，Subsequently strengthened credit management。But there was another loosening of loans in January this year，This shows that there is a mechanism problem。Therefore，China’s financial reform cannot be paused，To continue to deepen。The financial crisis is not over yet，The most important task before us is to prevent systemic risks。
Wen Jiabao said，China attaches great importance to the development of capital market。Even in the most difficult times，We have not relaxed capital market reforms。The GEM was launched last year。Goals of reform，It is to focus on indirect financing，Become a combination of indirect financing and direct financing，Give full play to the role of the capital market。
China will create opportunities for companies with advanced technologies
Chairman of DuPont、CEO Alan Ku asked，How the Chinese government utilizes advanced technologies including biotechnology，Promote the sustainable development of China’s economy in the future？
Wen Jiabao said，We welcome multinational companies to invest in China。The biggest impact of this financial crisis on China is the real economy。But，Some companies have stood firm in the face of difficulties、Developed，Mainly because they have technological strength and talent advantages。Multinational companies are the main force in responding to the economic crisis，It is also the main force in the recovery of the world economy。Recalling several major economic crises in the world，Often accompanied by major technological changes，It is precisely because of the technological revolution，Making new breakthroughs in technology，Help overcome economic crisis，Enable new economic development。
Wen Jiabao said，We place the future of China’s economy on the development of science and technology、Especially in high and new technologies including biotechnology and life sciences。Biotechnology and life sciences are closely related to human survival，It is something that people cannot live without for a moment，Development is endless。China has a large population，Life sciences and biotechnology have great development potential in China，There is broad market prospect。China is willing to strengthen cooperation with companies with advanced technologies in the world。The Chinese government will create opportunities for you，Please don’t lose the opportunity。
China’s emission reduction target does not attach any conditions
Nicholas, Professor at London School of Economics·Stern asked: Where is China’s energy conservation and emission reduction?“Twelfth Five-Year Plan”Is there a higher goal in the plan?
Wen Jiabao said，The problem of greenhouse gas emissions is mainly the result of the industrialization of developed countries for more than a hundred years。Developing countries like China，Regardless of cumulative emissions or per capita emissions，Not many in history。As a responsible developing country，The goal of independent emission reduction is sincere，China will never follow the old path of developed countries where emissions are first and governance is later。We regard energy conservation and emission reduction as an important strategic policy，Throughout“Eleventh Five-Year Plan”Planning,“Twelfth Five-Year Plan”Planning and the entire development process in the future. exist“Eleventh Five-Year Plan”Planning，Our goal is to reduce energy consumption per unit of GDP by 20% within five years，A great price has been paid to achieve such a goal，In the past four years, our production capacity of compressed steel has reached nearly 100 million tons，Compressed small thermal power 60 bet365 online sports betting livemillion kilowatts，Also reduced cement production，This has put great pressure on workers’ employment。
Wen Jiabao said, we insist“Common but differentiated responsibilities”Principle，Our emission reduction is independent，The goals set are binding，Approved by the National People’s Congress，Need to conduct assessment。At the Copenhagen Climate Conference，On behalf of the Chinese government, I solemnly declare，China’s carbon emission intensity will be reduced by 40%-45% by 2020。We must break down and implement this goal into“Twelfth Five-Year Plan”Under planning。China’s emission reduction target does not attach any conditions，We must strive to do better。
Calling on responsible countries not to fight trade wars and currency wars
In answer to C. V.·Greenberg on how to resolve differences among major powers in responding to the financial crisis，Wen Jiabao said，Facing the financial crisis，We need to be in this together，Work together。At the beginning of the crisis，I repeatedly appeal to people to build up confidence and courage，Now，What I want to emphasize is that people need to be calm and sober。The world economy is showing signs of recovery，But the road to recovery is by no means smooth sailing。I appeal again，All responsible countries in the world，All entrepreneurs with conscience，Don’t fight trade wars or currency wars，That will not help us cope with the difficulties。What we need now is mutual respect，Equal Negotiation，Strengthen cooperation。China can guarantee three things: first、Do your own thing，Don’t cause trouble to the world。Second、Never beggar your neighbor。Third、Work with other countries around the world to promote the reform of the international financial system，Strengthen policy coordination，Coping with the crisis，Make recovery more stable。
This year3Early month China’s trade deficit has appeared
Morgan Stanley (Asia) Chairman Roach said，There are two issues on which all parties have broad consensus，First, countries around the world must avoid falling into the trap of trade friction and protectionism，Second, China should accelerate the transformation of its economic development model。What do you think of these two issues？
Wen Jiabao said，China, like many countries in the world, advocates free trade，Because there is only free trade，In order to make the economy full of vitality，Only can we make the world harmonious，In order to diversify people’s lives。I would like to take this opportunity to convey a message to the international community: China will never pursue a trade surplus，On the contrary, we must find ways to expand imports。Maintain the basic balance of international payments，It is the direction of our long-term efforts。China’s economic growth last year mainly relied on domestic demand，The trade surplus is also gradually decreasing，By early March this year，A deficit has occurred。
Wen Jiabao said，Before the international financial crisis，I pointed out the disharmony in China’s economy、The problem of imbalance and unsustainability。Although China's response to the crisis is generally relatively good，But it also exposed many problems。This crisis is actually a challenge to China’s economic development model。In the "Government Work Report" on changing the mode of economic development，I used it“Without delay”Four words。Changing the development model should include several aspects: we must persist in expanding domestic demand as a long-term strategic policy，Unwavering。We must make great efforts to narrow the gap between urban and rural areas and between regions，Strive to expand residents’ consumption。We must accelerate the development of the service industry，In the secondary industry, we must pay attention to the development of emerging industries，The primary industry must bet365 online sports bettingdevelop stably，Stabilize the foundation of agriculture。
Wen Jiabao said，Changing the development model is a long-term and arduous task。The two million unemployed people in the United States make the U.S. government very anxious。But，The pressure on China’s employed population is 200 million instead of 2 million。There is a huge gap between urban and rural areas in China，Yesterday I just went to Yunnan, a dry area in the southwest，I also saw farmland there“Two bulls arguing”'s scenario. All these will affect China's sustainable development.We are going to formulate“Twelfth Five-Year Plan”Place accelerating the transformation of development methods in an important position when planning.
Talk about Sino-US trade: China will import more American products
Lewis Cheng, Chairman of the U.S.-China Business Council asked，What do you think of the second Strategic and Economic Dialogue between China and the United States to be held in May？
Wen Jiabao said，The relationship between China and the United States is very important，Not only related to the fundamental interests of the two peoples，And to a certain extent, it goes beyond the scope of the two countries。The economic and trade relations between the two countries are an important part of the relations between the two countries，Although there are some contradictions and problems，But as long as we negotiate on an equal footing、Mutual benefit and mutual concession，There is always a solution。The Sino-US Strategic and Economic Dialogue to be held in May，This is a very important conversation，It is also an important opportunity to resolve conflicts and problems between China and the United States，We attach great importance to it。
Wen Jiabao said that there is a saying in China, that is“There is no way out despite the mountains and rivers, but there is another village with dark flowers and bright flowers”。Looking back，Contradictions and differences between China and the United States，Easily solved one by one，China-US Politics、Economic relations will become closer。This gives the two peoples confidence in the relations between the two countries。You are the bridge of friendship between China and the United States，I want to convey this message to American companies through you: We welcome American companies to invest in China，China will import more American products。
Wen Jiabao pointed out that there are three levels to increase residents’ income
In response to the question raised by Haruhiko Kuroda, President of the Asian Development Bank, on how to strengthen the construction of China’s social security system、When gradually increasing the proportion of residents’ income in national income，Wen Jiabao said，We will be more committed to promoting social equity，Establish a complete social security system。China’s absolute poverty population exceeds 40 million，There are 270 million low-income groups。Complete social security system，Especially important for disadvantaged groups。Currently we have initially established the framework of the social security system。Pension insurance is not only popular in cities，This year we are still conducting pilot projects in 23% of rural areas。The implementation of pension insurance for farmers is a historic change。Although the level of medical insurance is still relatively low，But it has covered 1.24 billion people。The new rural cooperative medical system enables farmers to go to the hospital for medical treatment。We have also established a special social security fund。We have achieved truly free compulsory education，Recently, a tuition-free policy has been implemented for students from poor rural families in secondary vocational schools，Bursary increases tenfold。
Wen Jiabao said，There are three levels in increasing residents’ income: First, gradually increase the proportion of residents’ income in the entire national income；The second is to gradually increase bet365 online sports betting mobilethe proportion of employee wage income in factor income；Three are in the secondary distribution，Use fiscal and tax leverage，Adjust income gap，Promote social equity。These works are all in the initial stage，Not yet perfect，But we will persevere to the end。
