China to strictly control new local gov't borrowing

Premier Wen Jiabao said on Wednesday that the government's debts are at a controllable and safe level, adding that the increase of debts will be "strictly controlled."

China's measures on rare earth fair, legitimate

The United States, the European Union (EU) and Japan filed complaints on Tuesday with the World Trade Organization (WTO), charging that China is unfairly limiting its rare earth exports.

China to take further steps to address income disparities

Premier Wen Jiabao said Wednesday the government will take further steps to address the problem of income disparities.

Wen says to allow non-public capital into financial sector

Chinese Premier Wen Jiabao said here Wednesday that the government should allow private capital to enter the financial sector and make the process "standardized and open".

China says home price controls to continue

China's premier says government controls imposed to cool surging housing prices will continue despite concerns they might lead to an economic slowdown.

RMB exchange rate approaching equilibrium: Premier Wen

The real effective exchange rate of Renminbi may have reached its equilibrious level after rising by 30 percent since China launched the exchange rate reform in 2005, Chinese Premier Wen Jiabao said Wednesday.