According to Premier Wen Jiabao, China will be able to achieve its economic growth target of 8% in 2009, if proper policies and measures are taken.

"In China, a developing country with a population of 1.3 billion, maintaining a certain growth rate for the economy is essential for expanding employment for both urban and rural residents, increasing people's incomes and ensuring social stability," said Wen in his government report to the parliaments annual session on Thursday.

To stimulate the economy against the global financial crisis, China announced a 4-trillion-yuan stimulus package late last year, cut interest rates five times since last September, and unveiled support plans for 10 key industries. Some of the measures are beginning to take effect and political advisors announced that there should be no problem in keeping the growth rate at about 8 percent in 2009, as long as no big fluctuations are reported outside the country.

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