Premier of the State Council Wen Jiabao presided over a meeting of the Standing Committee of the State Council on the 5th, to deploy further studies on measures to expand domestic demand and promote steady and relatively fast economic growth. The meeting concluded that in the past two months, the international financial crisis has become increasingly severe. In order to resist the negative effects of the international economy on China, flexible and prudent macro-economic policies must be adopted to deal with the complex and ever-changing situation. Currently, an active fiscal policy and moderately loose monetary policy should be implemented, more powerful measures to expand domestic demand should be introduced, the construction of people's livelihood projects, infrastructure, ecological environment should be sped up, as well as post-disaster reconstruction. The income of urban and rural residents, especially those with low income...