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Article: CHINA ADVANCES MACRO-CONTROL BUT PROBLEMS REMAIN: STATE COUNCIL.
- Article from:
- AsiaPulse News
- Article date:
- July 15, 2004
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BEIJING, July 15 Asia Pulse - Despite the remarkable achievement China made in its macro-economic control effort over the past months, problems in economic operation are yet to be fundamentally resolved, according to an executive meeting of the State Council, China's cabinet, held here Wednesday.
The scale of fixed asset investment remains too large, the structure of investment is still irrational, and the short supply of coal, electricity, oil and means of transportation are yet to be eased, said a release issued after the meeting.
Chaired by Premier Wen Jiabao, the meeting was focused on analysis of China's economic situation in the first half this ...