Premier Wen: China´s stimulus package plan not fully understood

Source: Xinhua | 03-13-2009 10:27

BEIJING, March 13 (Xinhua) -- Premier Wen Jiabao said here Friday that China's stimulus package plan was not fully understood by the world.

"Rumors and misunderstanding set the world stock market on a roller coaster ride," Wen told reporters after the National People's Congress closed its annual session.

China has announced a 4 trillion-yuan (585 billion U.S. dollars) two-year economic stimulus package to boost growth and domestic demand, 1.18 trillion yuan of which will be funded by the central government.

Editor:Zhang Ning