BEIJING, Feb 28 (NNN-PTI) — Chinese Prime Minister Wen Jiaboa today underlined the need for an equitable distribution of wealth as the government was facing serious challenges to generate greater employments for the youths.

“We shall create favourable conditions for people’s freedom and full development in order to nurture their intelligence and talent,” he was quoted as saying by the official media.

Interacting with the people in an online chat, the Prime Minister accepted that the country was facing serious employment challenges.

Wen said China’s massive stimulus plan has proved to be effective and the economy has bottomed out and witnessed a sound recovery beating the world wide recession.

But the country is still facing serious challenges in employment, though labour shortage has been found in booming cities in China’s coastal areas recently, he said. –NNN-PTI

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