Premier Wen says China's exit strategy must be "very cautious, flexible"

Chinese Premier Wen Jiabao said on Sunday the country's exit strategy on economic stimulus should be "very cautious and flexible" in order to shore up the hard-earned economic recovery.

"We must maintain the continuity and stability of macro economic policy, which means we will continue implementing proactive fiscal policy and moderately loose monetary policy to consolidate the trend of economic recovery," Wen told reporters after the annual parliamentary session closed.

The United States was responsible for the recent disruptions in Sino-U.S. relations, Chinese Premier Wen Jiabao told a press conference Sunday after the closing meeting of the annual parliamentary session.

Source: Xinhua

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