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Government and Policy

China won't yield to yuan appreciation pressure: Premier

(Xinhua)
Updated: 2009-12-27 15:25
Large Medium Small

Science and technology

Wen said that China would rely on science and technology to change its growth pattern.

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"It (science and technology) is key to China's economic development," Wen made the remarks when asked how China would respond to global scientific innovation expedited by the international financial crisis.

China's economic problem is a structural problem, he said. "Our economy is still unbalanced, uncoordinated and unsustainable," he said.

The premier said efforts should be focused on achieving a balanced development among primary, secondary and tertiary industries as well as among different regions.

Wen said financial crisis in history always brought about technological revolution. "The key to conquer the global economic crisis lies in people's wisdom and the power of science and technology," he said.

In the latter half of the year, China started to foster new growth areas, especially in emerging strategic industries, said Wen.

Wen did not elaborate on "emerging strategic industries" but said that the country should continue to give full play to its advantage in the manufacturing sector, while strive to develop important areas related to environment and people's living.

Efforts should be made to develop Internet, green economy, low-carbon economy, environment protection technology and biomedicine, he said.


Household registration

Premier Wen said China would advance the reform of its decades-long household registration system in a steady manner, in a bid to ensure migrant workers to have equal rights as city dwellers.

Those policies are also key to speeding up urbanization and boosting domestic consumption, Wen said.

Specific measures were still under study, but the government had figured out two priorities, said Wen.

"Those farmer-turned workers who have been living in cities with a stable income should be given priority," Wen said. "Besides, the government will make up policies to encourage migrant workers to settle down in small and medium-sized towns and cities, considering the fact that big cities have limited capacities,"

Wen said. Initiated in the 1950s, the household registration system has categorized Chinese citizens into urbanites and non-urbanites and thus prevented rural residents from migrating freely to cities.

The interview is being covered live on Xinhua's website at www.xinhuanet.com and at www.gov.cn, the official website of the Chinese central government, in forms of scripts, pictures and video.

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