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World media praise Chinese political sessions as "breath of fresh air"
Posted: March-14-2009Adjust font size:

World media following the just-concluded two political sessions in Beijing are speaking highly of China's stimulus measures, and praise the conferences as "a breath of fresh air."

The two sessions are known as the Second Session of the 11th National People's Congress (NPC) and the Second Session of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC).

The foreign press also eyed Chinese Premier Wen Jiabao's remarks when he met reporters Friday after the NPC conference ended.

Lianhe Zaobao, a leading Chinese-language newspaper in Singapore, closely followed the press conference on its web site.

Quoting Wen, its reports said China has prepared plans to cope with even bigger difficulties amid the financial crisis and is ready to roll out a new stimulus package at any time.

China will keep its currency, the yuan, stable at a reasonable and balanced level, Wen was cited as saying. "No country in the world has the right to put pressure on the devaluation or appreciation of the Chinese currency."

The U.S. Associated Press (AP) said Wen, at the press conference, explained policies by his government in response to the sweeping financial crisis and promised more stimulus measures if needed.

The AP said Wen tried to convey a message that Beijing was confident it could withstand the turmoil and used the word "confidence" five times in as many minutes at the start of the nationally televised news conference.

"Confidence is more important than gold and money," the AP quoted Wen as saying. "First and foremost, we have to have very strong confidence. Only when we have strong confidence can we have more courage and strength and only when we have courage and strength can we overcome the difficulties."

Meanwhile, Reuters reported that China said it was ready to pump more money into its economy. "We have prepared enough ammunition and we can launch new economic stimulus policies at anytime," Wen said.

The British news agency also said Wen expressed concern about the security of China's assets in the United States.

The Russian news agency Interfax reported that Wen said member states of the Shanghai Cooperation Organization "sustain impact at various levels in the global financial crisis," and called on them to "enhance cooperation to jointly deal with the financial crisis."

Japan's Kyodo News Service said Wen expressed his resolve to achieve about 8 percent economic expansion in 2009, saying his government is ready to introduce more measures anytime.

Concerning China's holdings, Wen requested that the United States maintain its good credit, honor its promises and guarantee the safety of China's investments, the report added.

Germany's leading news agency DPA said China's NPC endorsed policies designed to bolster the economy against the global recession and approved an annual budget for 2009 at the end of its nine-day annual session.

Reports on the budget and economic performance were approved bya large majority of the nearly 3,000 members of the NPC, it added.

In South Korea, the Yonhap news agency noted that this year's two top political conferences were different from before, where heated discussions could be seen among participants, adding that employment and the unfolding economic crisis were among the most debated topics.

In addition, the country's Munhwa Daily News said China practiced thrift by shortening the two sessions and cutting dining and boarding expenses.

It added that online chats between netizens and members of the NPC and CPPCC brought freshness to the conferences.

The Russian Information Agency said representatives of China's top legislature discussed enthusiastically the fallout of the global economic crisis and the country's development outlook.

It quoted Wen as saying that 2009 is the most difficult year for China's economic development since the beginning of the century, but China has the confidence to overcome difficulties and meet challenges.

The Mongolian Unen newspaper said China's economic development has drawn world attention to its two political conferences, adding that a stabilized economic growth will contribute to China's stability and its international reputation.

Source: Xinhua News AgencyEditor: Lydia
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