Taming inflation top priority for China: Wen

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BEIJING, Mar 18 (AFP): Taming inflation while ensuring steady economic growth is China's top priority, but mounting pressures will make targets hard to achieve, Premier Wen Jiabao told reporters today.
"Number one, we need to ensure the fast yet steady economic development in the country and at the same time we need to effectively hold down inflation," Wen said in an annual press conference following the end of parliament.
"To obtain this goal we need to address the problems of unstable, uncoordinated and unsustainable economic development."
He added that keeping inflation down to the target of 4.8 per cent could be problematic.
"We hope to keep the CPI this year to 4.8 per cent. It is not an easy job to obtain this goal," he told reporters.