May 21, 2013 03:22PM

BREAKING NEWS

Cellcard
You are here:world >> Business >> China's Wen warns of economic hardship ahead

China's Wen warns of economic hardship ahead

Published: 15-Jul-12 08:21PM

Read 11.0 times

Font Size: - + Normal | Print | E-mail

Wen
China's Premier Wen Jiabao speaks after the signing of agreements with Chilean President Sebastian Pinera (out of frame) at La Moneda presidential palace in Santiago on June 26, 2012.

 

BEIJING (AFP) - Premier Wen Jiabao warned on Sunday that China's economic rebound was not stable and the world's second largest economy faced hardship ahead, state media reported.


During an inspection tour of the south-west province of Sichuan, Mr Wen called for greater efforts to strengthen the vitality and dynamism of economic growth, Xinhua news agency said.


'The economic growth rate is still within the government target range set early this year, and stabilisation policies are working,' Xinhua quoted Mr Wen as saying.


But China's 'economic rebound is not yet stable and economic hardship may continue for a period of time', he said.

Ads667x100