The Fourth Session of the 11th National People's Congress (NPC)， China's parliament, opens at 9 a.m. Saturday in the Great Hall of the People in Beijing。
Premier Wen Jiabao delivers a report on the work of the government at the opening meeting chaired by NPC Standing Committee Chairman Wu Bangguo。
This webpage will be updated continuously. Following are the highlights of Wen's report:
"China will play a constructive role in helping resolve hot issues and global problems."
"Readjusting income distribution is a pressing task at present, and an endeavor to be pursued in a longer term."
"Recently, prices have risen fairly quickly and inflation expectations have increased. This problem concerns the people's well-being, bears on overall interests and affects social stability. We must, therefore, make it our top priority in macroeconomic control to keep overall price levels stable. We need to make the most of favourable conditions, such as an ample supply of manufactured goods and our abundant grain reserves and considerable foreign exchange reserves, endeavor to overcome the adverse effects of imported and structural inflation, cushion the upward pressure for costs of factors of production, and correctly guide market expectations to resolutely curb prices."