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China to tackle inflation and raise living standards
Premier Wen Jiabao outlined a 12.5 percent growth in social spending with higher outlays for education housing health care pensions and job creation while police and security spending rise 13.8 percent to 95 billion. He urged stabilizing measures to head off public unrest as inflation runs around 5 percent and the nation targets broader consumption driven growth and slower state investment.
MENTIONED IN THIS ARTICLE
Bejing
China
Wen Jiabao
Beijing Daily
the Daily
Communist Party
Han Yuchen
Handan
Congress
National People’s Congress
Wen
Weng
U.S
Hu Jintao