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Premier Wen: China's stimulus package plan not fully understood
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10:26, March 13, 2009

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Premier Wen Jiabao said here Friday that China's stimulus package plan was not fully understood by the world.

"Rumors and misunderstanding set the world stock market on a roller coaster ride," Wen told reporters after the National People's Congress closed its annual session.

China has announced a 4 trillion-yuan (585 billion U.S. dollars) two-year economic stimulus package to boost growth and domestic demand, 1.18 trillion yuan of which will be funded by the central government.

Source: Xinhua



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