WEN: BALANCE JOBS & INFLATION

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STORY: WEN: BALANCE JOBS & INFLATION DATELINE: March 14, 2011 LENGTH: 0:02:14 LOCATION: Beijing PKG Intro: Chinese Premier Wen Jiabao met with journalists following the National People's Congress annual session on Monday. Wen said China faces a tough risk in finding a balance between creating jobs and cooling inflation. Pkg: Wen said China must strike a balance between economic growth speed, job creation and inflation control. SOUNDBITE (CHINESE) WEN JIABAO, CHINESE PREMIER "A fast growth speed would bring more jobs but lead to high inflationary pressure; A slower speed means less new jobs and risks economic recession." Wen said the Chinese government will make every effort to cope with the rising employment pressure during the 2011-2015 period. The premier said the current inflation is in part a global issue. He said the structural inflation is due to rising labor cost and primary goods prices in China. Wen said the inflation, including high consumer and property prices, af Powered by www.newslook.com Producer : Xinhua News Agency

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