Chinese Prime Minister Wen Jiabao warned Monday that global financial growth remains vulnerable to sovereign debt risk and opportunity for even a setback, but said his own country's growth remained on track.
With regard to the risk of a further decline in global financial growth, Wen said, "I think we cannot say with absolute certainty, so we must make careful surveillance and act to stop it."
He said it was too early for economies to consider exiting from its incentive expenditure.
"All countries must coordinate together and will strengthen support for the economy. It may not be the slightest relaxation," he told a meeting with Japanese business leaders in Tokyo.
"The world economy is stable and begins to revive, but this revival is slow and there are many doubts and destabilizing factors."
Wen said that problems in countries like Greece and added: "Is this occurrence over? Now it seems that it is not so easy."
He said Europe's sovereign debt problems could drag down growth.
"Under these circumstances we suggest that the need for an appraisal of threats, quiet observation and a steady hand to respond."
He remained persuaded that China will achieve its goals for growth this year, but that China would also have to "maintain certain intensity in his economic incentive."
He also stressed repeatedly the risk that inflationary pressures could mean for the Chinese economy.
With regard to China's goal of custody annual CPI in 2010 by 3%, he said, "to achieve this is an significant goal for this year."
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