Wen Jiabao paid an unusual visit to the city of Wenzhou during the recent national holiday. Accompanied by the head of the Peoples Bank of China, the finance minister and other senior officials, China’s premier went to assess the surge in informal lending to the city’s 450,000 small consumer product and export companies as well as property developers, many of which can no longer get cheap finance from state-owned banks and are failing. With property prices in the secondary market down 10 per cent since June, Wenzhou’s problems shed light on China’s newest economic problem – a faltering property market.
國慶節期間，中國總理溫家寶對溫州進行了一次非同尋常的視察。在中國人民銀行行長、財政部長和其他高官的陪同下，溫家寶考察了當地45萬家小型消費品和出口企業以及房地產開發商民間貸款飆升的情況——許多企業無法再像過去那樣從國有銀行獲得廉價貸款，因此瀕臨破產。自今年6月以來溫州二手房價格已經下降10%，因此其問題突顯出中國面臨的最新經濟問題：房地產市場萎靡不振。