Aug. 22 (Bloomberg) -- Chinese Premier Wen Jiabao urged his countrymen to stick to policies of reform and openness as any reversal would mean a “dead end” for the nation’s development.
The country should also push ahead with changing its political mechanism, as well as creating conditions for people to criticize and supervise the government, Wen said, according to a statement posted on the government’s website. He spoke during a trip to Shenzhen.
China surpassed Japan as the world’s second-largest economy last quarter, capping the nation’s three-decade rise from Communist isolation to emerging superpower. The country of 1.3 billion people led the world out of last year’s global recession with an economy that’s more than 90-times bigger than when leader Deng Xiaoping ditched hard-line Communist policies in favor of free-market reforms in 1978.
Wen also asked for more effective supervision on over-concentration of government power, according to the statement.
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