This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/world/asia-pacific/7941081.stm

The article has changed 13 times. There is an RSS feed of changes available.

Version 1 Version 2
World 'better off' by next year China expects 2010 world recovery
(about 1 hour later)
China's Premier Wen Jiabao has said he expects that China and the rest of the world will be better off by next year.China's Premier Wen Jiabao has said he expects that China and the rest of the world will be better off by next year.
He was speaking at a news conference in Beijing at the end of the annual session of China's National People's Congress - the country's parliament.He was speaking at a news conference in Beijing at the end of the annual session of China's National People's Congress - the country's parliament.
It is the only time each year that the premier takes questions from reporters. He said China had enough resources to boost its $585bn (£413bn) economic stimulus plan if needed.
In preliminary remarks, he said the nearly 3,000 NPC delegates had approved the government's plan to tackle the economic crisis. But Mr Wen said he was worried about the billions of dollars of currency reserves China had loaned the US.
He also said the situation in Tibet was "peaceful and stable", proving China's policies in the region were "correct".
The news conference at the end of the annual NPC session is the only time that the premier takes questions from reporters.
'Difficult year''Difficult year'
"Confidence is more important than gold or money," he told the news conference in Beijing. Mr Wen said confidence would be necessary to overcome China - and the world's - economic difficulties.
The global economic downturn is hitting China's growth"Confidence is more important than gold or money," he said.
"First and foremost we need very strong confidence. Only when we have confidence can we have courage and strength, and only when we have courage and strength can we overcome difficulties."First and foremost we need very strong confidence. Only when we have confidence can we have courage and strength, and only when we have courage and strength can we overcome difficulties.
"I expect that next year both China and the world will be better off.""I expect that next year both China and the world will be better off."
Opening the NPC session nine days ago, Mr Wen said that this year would be the most difficult China has faced this century.Opening the NPC session nine days ago, Mr Wen said that this year would be the most difficult China has faced this century.
We have made a huge amount of loans to the United States. Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried Wen Jiabao Two days ago, official figures were released showing that Chinese exports plunged by more than a quarter in February from a year ago, to $64.9bn (£47.3bn), and imports fell by 24.1% to $60.1bn.
At Friday's news conference, he said the government's economic stimulus programme included 1.18tr yuan ($172bn) in central government spending on "public welfare, technological innovation, environmental protection and infrastructure projects". At Friday's news conference, Mr Wen said the government's economic stimulus programme included 1.18tr yuan ($172bn) in central government spending on "public welfare, technological innovation, environmental protection and infrastructure projects".
In November, the government announced a $585bn (£413bn) economic stimulus programme. Costing $585bn (£413bn) altogether, the economic stimulus programme was announced by the government in November.
Mr Wen said the authorities had contingency plans in case of greater difficulties. We have made a huge amount of loans to the United States. Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried Wen Jiabao Mr Wen said the authorities had enough "ammunition" to launch new economic stimulus policies in case of greater difficulties.
"We have prepared enough 'ammunition' and we can launch new economic stimulus policies at any time," he said.
The government is targeting annual growth of 8% and wants to boost consumption and raise consumer demand.The government is targeting annual growth of 8% and wants to boost consumption and raise consumer demand.
Correspondents say the Communist Party fears that if annual growth slips below 8%, there will be social instability.Correspondents say the Communist Party fears that if annual growth slips below 8%, there will be social instability.
At Friday's news conference, the premier said the growth target would be difficult to achieve, but possible. Premier Wen said the growth target would be difficult to achieve, but possible.
The global economic downturn is hitting China's growthMr Wen spoke two days after official figures revealed that Chinese exports plunged by more than a quarter in February from a year ago to $64.9bn (£47.3bn). He said he was worried, however, about the safety of the huge amount of China's foreign exchange reserves invested in US government bonds.
Imports fell by 24.1% to $60.1bn, the figures showed.
Mr Wen also said he was worried about the safety of the huge amount of China's foreign exchange reserves invested in US government bonds.
"We have made a huge amount of loans to the United States. Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Mr Wen said."We have made a huge amount of loans to the United States. Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Mr Wen said.
Nearly half of China's $2tn in currency reserves is invested in US treasury bills and other government-affiliated notes, the Associated Press news agency said.Nearly half of China's $2tn in currency reserves is invested in US treasury bills and other government-affiliated notes, the Associated Press news agency said.
"We are extremely interested in developments in the US economy," Mr Wen said."We are extremely interested in developments in the US economy," Mr Wen said.
"President Obama has introduced new measures to counter the international financial crisis and we do have expectations from those steps." 'Tibet stability'
Speaking about Tibet, he brushed aside remarks earlier this week by the Tibetan spiritual leader, the Dalai Lama, that China had made life in the Himalayan region "hell on earth" for his people.
"Tibet's peace and stability and Tibet's continuous progress have proven the policies we have adopted are right," Mr Wen said.
The Dalai Lama was speaking from exile in India on Tuesday's 50th anniversary of a failed uprising against Chinese rule in Tibet.
Mr Wen said talks with representatives of the Dalai Lama could continue if he gave up his "separatist stance".
The Dalai Lama has said he seeks greater autonomy for Tibet within China, something China has rejected as a bid for "disguised independence".