China will meet its growth target, premier pledges
12/09/2012
Mr Wen leaves office after ten years next month. His successor has still not been confirmed.
In the speech, at a World Economic Forum even in the northern Chinese city of Tianjin on September 11, he said that despite doubts caused by below-target growth in July and August, China would hit the target for the year.
He went on to point out that in the ten years of his premiership, per capita gross domestic product in China had gone up from just over $1,000 to its current level of $5,432. In 2002, China had the sixth-largest economy in the world. It now has the second-largest.
Some critics have said that Mr Wen had the good fortune to come into office at a time of unprecedented growth and had done little more than act as a caretaker. The Financial Times said recently that one academic has warned that the incoming government will pay the price for this and may face economic crisis and civil unrest in coming years as a result.
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