Fight against inflation is our major focus, says Beijing

Wen-JiabaoWen Jiabao, from Chinese government, has informed that fight against inflation will be their foremost objective. Wen has said this while he was addressing the annual press conference at the close of the national people's congress, China.

Mr. Wen has also revealed that inflation is the major factor of a sustainable economic growth of a country. If the government is looking forward to achieve an economic restructuring, then the inflation rate needs to be controlled properly. It must focus on proper management and maintenance the inflation issues as per Wen.

Otherwise it is going to be extremely difficult the goal of providing the nation a stable economy. Apart from that several other threats like unfair income distribution and corruption are affecting the social and economic stability.

Moreover, the double-digit inflation in the country has become the main cause of the public discontent. Many Chinese officials and experts have also agreed to this fact. Hence, Wen has appealed the nation to adjust the economic structure and manage inflation expectations correspondingly to promote steady and fast economic growth.