Chinese Premier stresses maintaining stable economic development

TAIYUAN, July 5 (Xinhua) -- Chinese Premier Wen Jiabao said China will keep consistent macro-economic policies, promote structural adjustment, develop new growth sectors, improve growth quality and increase people's livelihood to ensure stable and fast economic growth.

Chinese Premier Wen Jiabao (C), who is also a member of the standing  committee of the Political Bureau of the Communist Party of China  Central Committee, has lunch with miners at the Tashan coal mine  in north China's Shanxi Province July 5, 2009. Wen was on an  inspection tour to the province from July 4 to 5. (Xinhua/Yao Dawei)

He made the remarks when visiting factories and mines in north China's Shanxi Province Saturday and Sunday. Shanxi is a leading energy base with pillar industries of coal, metallurgy and chemical products.

Visiting Taiyuan Iron and Steel (Group) Company Ltd., Wen said the steel sector must eliminate backward production capacity, speed up merger and restructuring and link steel sector with information technology, new materials and recycle economy to make the sector strong.

While visiting Taiyuan Heavy Machinery (Group) Company Ltd., the premier said high-end products could ensure a stable market share and China would made structural adjustment and expanding domestic demand, especially consumption, as long-term and basic principles to cope with the global economic downturn.

In the visit of other companies, Wen stressed that only those that own high and key technology, independent intellectual property rights and high-end products could maintain long-term competitive edges.

It was especially important to develop new growth sectors through boosting new energies, new materials, biological medicines, energy saving technology and environmental protection, Wen said.