China will give bigger priority to polices aimed at growth going forward, Premier Wen Jiabao said on Sunday, after a string of official data indicated a slowdown in the world's second largest economy.
"We should continue to implement a proactive fiscal policy and a prudent monetary policy, while giving more priority to maintaining growth," Xinhua quoted Wen as saying during an inspection tour to Hubei province.
"The country should properly handle the relationship between maintaining growth, adjusting economic structures and managing inflationary expectations," he said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.