1、During the three-hour press conference after the conclusion of this years National Peoples Congress annual session, Chinese Premier Wen Jiabao has highlighted governments efforts to improve peoples livelihoods and their well-being.Wang Shanshan takes a close look.The Chinese Premier says the country
2、 will not loosen its regulations to curb the rising house prices, which he considers still far from falling back to a reasonable level.If we develop the housing market blindly, a bubble will emerge in the housing sector. When the bubble bursts, not only will the housing market will be adversely affe
3、cted, it will weigh on the entire Chinese economy.Wen Jiabao says the government will encourage people to rent.A reasonable housing price should match the residents income, the construction cost, and the profit should be reasonable too. We have set the target of providing adequate living space for t
4、he people, but this does not mean that everyone has to own a home. We will continue to encourage people to rent houses.In addition to house prices, income disparity and judicial injustice have also incurred many complaints from the people. Wen Jiabao says the government will continue to work hard to
5、 promote social justice and address these problems.The government will formulate an overall plan for the reform of the income distribution system, and introduce a regulation on the expropriation and compensation of collectively owned rural land. The government will also extend the coverage of the ol
6、d-age pension program to the entire population and make efforts to eliminate poverty. China will also strive to meet the target of raising government spending on education to 4 percent of the countrys GDP.As this will be Premier Wen Jiabaos last year in office, he also took time to reflect on his wo
7、rk over the past nine years.I feel truly sorry, due to incompetent abilities, institutional and otherwise. There is still much room for improvement in my work. I often feel that much work remains to be finished. Many things have yet to be properly addressed, and there are many regrets. They have been nine difficult but momentous years.Looking ahead, the premier says he would be as committed as an old steed, and continue to make the utmost effort to serve the people.For CRI, this is Wang Shanshan.
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