tv British House of Commons CSPAN March 23, 2015 12:00am-1:01am EDT
you can watch these anytime at www.c-span.org. monday night on the communicators, we met up with wired reporter tim moynahan at the consumer elect tronic show, who gave us a tour of the latest tv technology. >> what does led stand for? >> light emitting diode. it is a backlight system. so you can use backlight to color a liquid crystal display. this one is using individual particles as a source of light. they can be turned on and off independently. with an led said, you are going to see a light switch seeping through their. so this is pretty amazing. this is 4k, the big buzzword at
this year's show. is the holy grail of tv. >> monday night at 8:00 p.m. eastern on the communicators on c-span2. up next, prime minister david cameron taking questions from members of the house of commons. then we will show you a recent news conference with chinese premier li keqiang. later, a look at workplace discrimination. focus of a recent hearing on the commission of civil rights. >> during question time at the house of commons there was an exchange between prime minister david cameron and ed miliband about changes made to the u.k. health service. the prime minister took several questions on the state of the economy.
mr. speaker: questions to the prime minister. prime minister cameron: this morning i had meetings with ministerial colleagues and others. in addition to my duties in this house i shall have further such meetings later today. ian murray: the chancellor said in his first budget, when we say that we are all in this together, we mean it. when the prime minister and the chancellor came up with such a vacuous soundbite, was it before they decided to give a £42,000 a year tax cut to millionaires, or before they attempted and failed to eliminate the deficit on the backs of the poorest? prime minister cameron: the fact is that the honorable gentleman cannot hide from the statistics that show that inequality is down, poverty is down, 3 million
of the poorest people have been taken out of income tax altogether, and, most importantly, we have created jobs for tens of thousands of our fellow countrymen and women. today, we see the unemployment statistics with a record number of people in work. in his constituency -- i would have thought he would want to welcome this -- the claimant count has fallen by 49% since the election. that is what has happened. that is how we are beating poverty. chris kelly: when this government took office, metal theft was rife, especially in the back country. this government listened to the all-party group on combating metal theft, banned cash payments, and passed the scrap metal dealers act 2013. once he has been returned for another term as prime minister what more will he do to ensure that instances of this abhorrent crime reduce still further so
that no more church roofs get horrendously damaged and no more trains get stopped in their tracks as a result of sheer greed? prime minister cameron: my honorable friend is absolutely right. this is an important line of crime that has been increasing not least because of the value of this scrap metal. the roof on witney church in my constituency has been stolen. we have made sure that scrap metal dealers are required to hold licenses and councils can revoke a license at any time. we have banned cash payments to purchase scrap metal, and we have provided £6 million of additional funding for a dedicated national metal theft taskforce. what i will do, if re-elected, is make sure the police continue to have the powers and the ability to crack down on this abhorrent crime. mr. speaker: edward miliband. edward miliband: the prime minister promised before the last election no top-down
reorganizations of the nhs. in the words of the chairman of the conservative party, would he describe this as an over-denial or simply a straightforward broken promise? prime minister cameron: what we did was we took the bureaucracy out of the nhs. we made two big decisions. big decision number one was to put more money in, and big decision number two was to take the bureaucracy out. that is why we have 9,500 more doctors and 7,000 more nurses. i can see the shadow chancellor chuckling. we know the shadow chancellor wants to be in the kitchen cabinet. he just does not know which kitchen to turn up to. edward miliband: somehow i thought the prime minister might mention kitchens. let me just say that at least i paid for my kitchen, unlike the government chief whip.
let us get back to the nhs. first broken promise, on top-down reorganization. he said, i refuse to go back to the days when people had to wait for hours on end to be seen in a and e. now we learn that the nhs will miss the four hour a and e target for the whole of this year for the first time ever. why did he break that promise? prime minister cameron: which of his kitchens did he pay for? i think we deserve an answer. i feel sorry for the leader of the opposition. he literally does not know where his next meal is coming from. oh, don't worry, there is plenty more. he asked about accident and emergency. so far this year, 93.7% of people have been seen within the four hours. i want us to do better. we will bring together health and social care to make that
happen, but we made a promise, which was that we would put £12.7 billion into the nhs. they said it was irresponsible. we invested in our health service. edward miliband: that is another broken promise on accident and emergency. now let us turn to cancer. on cancer, the prime minister said that the key issue was how long people had to wait to get treatment, but the nhs is missing the 62-day treatment target. why did he make that promise? prime minister cameron: let me bring hjh -- him closer to home. genuinely, to his home in doncaster. 95.2% of patients with suspected cancer were seen by a specialist within two weeks, and the target is 93%. target met. 97.9% of patients diagnosed with cancer began treatment within 30 days, and the target is 96%. target met. and 87% of patients began cancer
treatment within 62 days of an urgent gp referral, and the target is 85%. target met. the fact is that on the nhs we have put in the investment, we increased the doctors and we increased the nurses. frankly, if he cannot stand the heat, he had better get out of his second kitchen. edward miliband: i think that was a long-winded way of saying he has broken his promises on the nhs. now let us turn to another one of his promises. he promised a bare-knuckle fight to stop the closure of a and e and maternity units. he even did photo calls outside the hospitals whose units then closed. why did he break the promise? prime minister cameron: i am very glad that he has raised this issue, because at a previous prime minister's questions he stood at the dispatch box and produced a list of, i believe, 27 hospitals, seven of which were shut under a labour government. that is how incompetent he is as leader of the opposition. just imagine what a mess he
would make if he was running the country. edward miliband: great, because i have a photo of the prime minister at chase farm hospital, and he said that, if you call an election on november 1, we'll stop the closure of services at this hospital on november 2. then he closed the services. that is what happened on his watch. since the last election, he has broken his health service promises on waiting times, cancer treatment, a and e and top-down reorganization. when he makes a whole series of new nhs promises, why on earth should anyone believe him? prime minister cameron: i will tell you why people should believe us -- because we have the strong economy that can deliver a strong nhs. we promised more money for our nhs. promise delivered. we promised more nurses for our nhspromise delivered. we promised more doctors for our nhspromise delivered. and we said that we would sort out mixed-sex wards and hospital-acquired infectionspromise delivered. is it not interesting that the
he has asked five questions and there has not been one mention of the unemployment figures today? the right honorable gentleman cannot bear the fact that the employment rate in our country is at a record level: there is a record number of people in work. there is a record number of women in work. there is a record number of vacancies. that is what this country is deliveringa strong economy that builds a strong nhs. edward miliband: people are worse off and the nhs is worse off on the prime minister's watch, and that is why working families cannot afford another five years of him. everybody knows the nhs cannot survive another five years of this government. the nhs was built by labour, saved by labour and will only be safe in the hands of the next labour government. prime minister cameron: there is only one government in the history of the nhs who have cut the nhs and it was the last labour government in the 1970's. they did it because they lost control of the economy.
every forecast he has made about the economy has been wrong. he said there would be no jobs. we have record jobs. he said we would not cut the deficit. the deficit is down. he said there would not be growth. we have the strongest growth of any major western economy. he has made misjudgment after misjudgment on every single question. we talk about our long-term economic plan because it is about changing lives, it is about jobs, it is about livelihoods and it is about giving people the chance of security. that is what will be on the ballot paper in 50 days' time, and they will never trust him with the future of our country. mr. speaker: i call jesse norman. the honorable gentleman is not here. i call sir malcolm bruce. sir malcolm bruce: does the prime minister agree that the best prospect for the people of scotland is to be a successful part of a growing united kingdom, and that alex salmond's mission to shake this house to
its foundations will deny recovery, jobs and mortgages and threaten both the uk and scotland, which is why the people of gordon are uniting to deny his return to this house? prime minister cameron: my right honorable friend makes an important point, which is that what the snp wants is to break up our country. that is why it is so appalling that although he has said he does not want a formal pact with the snp, he will not rule out a confidence and supply agreement. he will not rule out relying on the snp in vote after vote after vote, making sure that it would get the advantage and people in england, wales and northern ireland would be let down -- [interruption] yes, we rule it out. what i would say to the shadow chancellor is that his boss threw both his kitchen sinks at the nhs and he still could not win.
mr. speaker: order. i say to opposition members that their honorable friend must be heard. teresa pearce: one in four patients is waiting more than a week for a gp appointment, and some in my constituency are waiting two weeks. a third cannot even get through on the phone, but 23% of london gp's are due to quit the nhs in the next five years. will the prime minister take responsibility for the increasing crisis in gp's on his watch? prime minister cameron: what i would say to the honorable lady is that nationwide we have 1,000 more gp's in the nhs. in her constituency, there are eight more gp's compared with 2010, there are 317 more gp's in the london area, and the royal college of general practitioners, which has often criticized the government, has said that there has never been a better time to go into general practice. james morris: the black country economy in the west midlands has
been one of the fastest growing local economies of any region in the united kingdom over the last two years, with more investment in manufacturing, new high-skill jobs, more exports and better opportunities for local people in my constituency. would the prime minister agree that as part of our long-term economic plan, the people in the black country can be proud of that industrial revival, and be confident in saying that things are made in the black country and sold around the world? prime minister cameron: my honorable friend makes an important point. it is a remarkable statistic that growth value added in the black country means that the area has grown faster than any other local enterprise partnership area in the entire country. compare that with the so-called boom years of the 2000's, when private sector employment in the west midlands went down, not up, and it shows that we are seeing a genuinely national recovery.
huge credit must go to jaguar land rover which, in the last five years, has tripled its turnover, doubled its sales and doubled its work force. manufacturing in britain is growing again, including in the west midlands, and we should be proud of that. natascha engel: in january, john smedley in clay cross announced that it was making 21 seamstresses redundant. it took nearly two months before someone from the jobcentre plus rapid response team went in to see those women. the response was unsympathetic unhelpful and anything but rapid. what has happened to rapid response and why have those workers been so badly let down? prime minister cameron: i agree with the honorable lady. it is important that jobcentre plus is there to help employees when they are let go by their employers. that is what it is there for.
generally speaking, i hear very good reports of what they do. of course, in her constituency the claimant count has come down in the last year by 29%, so the overall economic picture is good. i will certainly look at the specific case and see if jobcentre plus needs a boost but the fact is that jobs are being created and the vacancies are there. she talks about seamstresses and we are actually seeing production in the garment industry being brought back onshore, which is very good news. karen lumley: the unemployment count in redditch at the end of the year had fallen to below 850 for the first time since 2005. does my right honorable friend agree that it would be catastrophic for the hard-working people of redditch if that was undone by the labour party? prime minister cameron i thank my honorable friend for her question. today's figures are remarkable. we see employment up by 1.89 million since the election.
we used to talk about creating 2 million private sector jobs. it is now 2.3 million private sector jobs. another figure fresh out today is the youth claimant count, is now at its lowest rate since the 1970's, 40 years ago. in redditch, the claimant count has fallen by 63% since the election and the youth claimant is count down by 39% in the last year alone. the plan is working. it is not just dry and dusty statistics. this is about people getting a job, getting a livelihood, getting security. that is what we want to keep going. jim sheridan: the prime minister will be well aware of the hard work that went into the smith agreement. he will be as disappointed as i am to see the front page of the showing for -- four snp councilors burning that very agreement.
not only did they escape discipline. one of them was actually promoted. are these the actions of a party that seeks to increase its representation in this place? prime minister cameron: the honorable gentleman makes an important point, which is that the smith process and the smith agreement was about bringing together different political parties, which often disagree with each other quite violently on issues, to come to the right answer for the future of scotland and the future of devolution. it was an excellent report. we are all committed to putting it in place, whoever is in government after the next election. it is disappointing that the snp, which only wants to break up our country, will not stick to the promises it made. duncan hames: last june, i asked the prime minister if he was satisfied with police investigations into organized child sexual abuse. by november, the home secretary acknowledged that years ago there might have been a cover-up. this week, we learned that the met itself has identified as many as 14 cover-ups. now that we have a judge-led inquiry, is it not time we treated this scandal, in the words of the independent police complaints commission, as high level corruption of the most serious nature?
it went to the very core of the british state. prime minister cameron: my honorable friend is right to say how serious this is. it is right that not only is there and ipcc investigation into what happened in the police force, but that a separate part of the metropolitan police is carrying out an in-depth investigation, operation fairbank, into what happened. added to that, we now have the overarching justice goddard review to look at institutional failings in discovering child sexual abuse. what i would say to my honorable friend and others in the house who i know are very interested in this issue is that we will do everything we can to get to the bottom of what happened. anyone who is worried about whether people will be prosecuted under the official secrets act for coming forward with information should be reassured by the assurances that have been given by the attorney-general and the home secretary. it is in everybody's interest that we get absolutely to the bottom of what happened. if people should be punished for their failures, they should be. fiona mactaggart: when the prime
minister answered the leader of the opposition, he was able to show that cancer waiting targets had been met in his constituency. they obviously have a very effective member of parliament but -- [interruption] the prime minister is responsible for the national health service as a whole. he will be aware that nationally the 62 day wait for treatment for cancer patients after referral has been breached in each of the last four quarters. what does he have to say to the more than 5,000 cancer patients, including one in four people with bowel or lung cancer, who are waiting months before they get any treatment? prime minister cameron: everybody in this house, me included, knows people who have been affected by cancer and have died of cancer. this government has put an
enormous amount of effort, as previous ones have done -- [interruption] i will answer the question. i will answer the question very directly, right? we have made sure -- [interruption] mr. speaker: order. members must hear the answer. i said it a moment ago to the other side. the prime minister must be heard. prime minister cameron: we have made sure that half a million more people have been referred for cancer treatment, and as a result, cancer survival rates are going up. as well as looking at the national figures, it is worth while looking at constituency and i have her figures here. she is obviously a very effective mp too, because her area is meeting all three cancer targets. that is what is happening in britain -- more people referred, more resources going in, more people surviving, but more to be done. but let me remind her. this can only happen with a strong economy. it is when the labour party wrecks the economy that it wrecks the health service. sir peter bottomley: my right
honorable friend has made the point that it is the economy that makes health service funding possible. can he tell the house what has happened to employment inflation and the minimum wage over the last five years? prime minister cameron: yesterday, the announcement was made that the minimum wage should increase from £6.50 to £6.70, which is a real terms increase. after the great labour recession, we did not have increases in the minimum wage and it lost its value, but under this government, it is going up. the guarantee i can give to him if we keep increasing the minimum wage at the rate it is being increased now, it will get to beyond £8 by the subsequent election. so labour's proposal for an £8 minimum wage will mean a cut in the minimum wage. it is like so many of its other policies including its university tuition fees policy. as someone said today, the first example in political history
where you get less for more. michael connarty: my neighbor helen was able to live in her own home for many years with degenerative multiple sclerosis because of the independent living fund, until sadly she died. how can the prime minister and the government morally justify taking away the fund from the most disabled people in our communities, so that they might end up being institutionalized not independent? prime minister cameron: we have devolved the funding for the independent living fund, but we have also maintained the vital disability benefits, such as the disability living allowance, which has been uprated every year in line with inflation. john howell: does my right honorable friend agree that our long-term economic plan is doing an outstanding job in my constituency? unemployment now stands at 269 making it the best performance of any constituency in the country. will he join me in thanking the
firms that i visited last week in thame that are running fantastic apprenticeship schemes, and the young people joining them? prime minister cameron: i will certainly do that. i am delighted that unemployment is so low in my honorable friend's constituency. the latest figures show that the uk's employment rate has seen the largest rise of any g7 country over the past year. today, there are nearly 1 million fewer people on the main out-of-work benefits and nearly 2 million more people in work in our country. more young people have got into work in the uk over the past year than in the rest of the european union put together. those are the benefits of having a long-term economic plan, sticking to a long-term economic plan and ignoring the hopeless advice from the labour party. ian lavery: despite the prime minister's fine words and rhetoric, his government's cost of living crisis has hammered many families in the northeast. tens of thousands of public sector jobs have been butchered.
we have the highest unemployment level in the uk. we have weekly earnings £71 less than the national average. and our life expectancy is 10 years less than anywhere else in the country. is it not time that the prime minister showed some guts and apologized to the people of the northeast? prime minister cameron: let us look at what has happened in his constituency. the claimant count has fallen in the last year by 28%, or more than a quarter, and in the last year alone, not over the whole government. the youth claimant count has fallen by 32%. i thought this was the party that said how important it was to get young people off the dole and into work. that is what the government has done. unemployment has fallen in every region of the uk. in the northeast, it has fallen by 21,000 over the last year. that is what is happening. we are creating jobs, generating growth and taking the poorest people out of tax altogether --
3 million nationwide. i cannot calm down when i see the success that our long-term economic plan is generating. we have 50 days to make sure that the people who delivered this plan can go on delivering it, instead of the people who would wreck it. nigel evans: on that theme, bae systems, which manufactures world-beating military jets, announced that it is to set up a training academy in the ribble valley, upskilling the current work force and bringing on new talent via its ambitious apprenticeship scheme. will the prime minister welcome the £15.6 million investment in this training academy, and when it opens next year, will he visit the samlesbury site in his continuing capacity as the prime minister of our great country?
prime minister cameron: i am very grateful for the invitation. i was at bae's other main site in the north-west, the warton site, last week as part of the celebration of national apprenticeship week. i was looking at the training and the skills being delivered there. it is hiring 440 apprentices this year, which is a record for bae systems which is doing very well under this government. this is vital work. we have delivered 2 million apprentices in this parliament and we aim to deliver 3 million in the next parliament. these manufacturing apprenticeships are particularly vital. i will certainly take him up on his invitation to come and open this excellent academy. keith vaz: last saturday, the prime minister spoke at the unveiling of the magnificent mahatma gandhi statue in parliament square. i observed him in deep conversation with arun jaitley the indian finance minister, and amitabh bachchan, the country's greatest actor. which man offered him the best advice for the next election? was it the person who presented
a budget that will affect a sixth of humanity, or an actor whose acting tips might well help the prime minister in the tv debates? prime minister cameron: i am very grateful he was able to attend that beautiful ceremony around the superb statute. there was a great turnout of members of parliament, schoolchildren and others to see the extraordinary statue. i think it is quite right that mahatma gandhi stands there alongside churchill and mandela in such an important square for our nation. as for the advice i was given, those were private conversations, so i shall not delve too far into them. all i will say is that the new indian government and the reforms they are making, opening up the indian economy, will make sure that the relationship between our countries becomes stronger still. paul uppal: just over a fortnight ago, the secretary of state for transport visited
wolverhampton and reached a conclusion that i and almost every resident has reached -- that the station is desperately in need of an upgrade. locally, centro, working with developer, neptune, has come up with an innovative deal, bringing £80 million and 1,300 jobs, to make sure that we continue investment in the city. will my right honorable friend use his offices, along with the dft, to ensure not only that wolverhampton gets a station but that we increase the industrial renaissance in the west midlands that we have seen over the last five years? prime minister cameron first let me pay tribute to my honorable friend for the incredibly hard work he has put in to campaign for that station. i can tell him that, following the visit of the secretary of state for transport, £13.5 million has been secured through the local transport and growth deal to fund the project. it is because of my honorable friend's hard work that it is going ahead. it is essential that wolverhampton benefits from good road, rail and other infrastructure connections so that it can benefit from the growth we are seeing in our country.
liz mcinnes: the prime minister has a record of looking the other way when it comes to allegations of wrongdoing in his own team. he did it with andy coulson and he is doing it now with the right honorable member for welwyn hatfield. can the prime minister explain why he has been so quick to rule out an investigation into his own party's chairman? prime minister cameron: i would have thought that with all the things happening in the part of the world that she represents, she could have come up with a better question. my right honorable friend has acknowledged that he made a mistake, but his entry in the register of members' financial interests was correct. i think she is barking up the wrong tree. while i am here, let me say that i am sure she will want to
welcome the fact that the claimant count in her constituency has fallen by 54% since the last election. david morris: i want to thank the prime minister for steering this country in the past five years through economic waters never seen before, caused by the previous labour government. does he agree that 765,000 people starting up their businesses since 2010, the highest quota since the 1980s, is a good thing, unlike the labour party, when it caused the collapse in the labor market? prime minister cameron: my honorable friend is absolutely right. some 95% of the jobs that have been created over the last year have been created for employees in businesses, but we have also seen a big increase in entrepreneurism and business start-ups in our country lighting the fires of enterprise. that is vital, because those individuals will go on to build
great companies, build our industrial base, and provide the jobs of the future. yes, my honorable friend is right. so often in the house we talk about our growing economy, and never hear one word of regret from the people who crashed the car in the first place. tom watson: this week it was revealed that a second criminal inquiry into a former member of this house, sir cyril smith, had been closed down by senior police officers, and i believe that there are other examples of cover-ups which are yet to be revealed. notwithstanding the reassurances from the home secretary, will the prime minister please give a cast-iron guarantee that former public officials with knowledge of the cover-ups are given full whistleblower protections? prime minister cameron: i am grateful to the honorable gentleman for asking that question, which i think comes down to three separate questions. there is concern about whether people will be prosecuted under the official secrets act. in terms of people giving evidence to the goddard review, justice
goddard is perfectly able to ask the attorney-general, as has happened in the case of all previous commissions of inquiry of this type, to make sure that no one can incriminate themselves when they give evidence, and i am sure that that will happen. in terms of giving evidence to the ipcc inquiry, the home secretary has given very clear guidance. and in terms of disclosure to the press, the attorney general said very recently that it was highly unlikely that it would ever be in the public interest for someone who revealed wrongdoing to be subject to prosecution. i am absolutely clear i do not want anyone to be prosecuted for uncovering wrongdoing in such a way, and i hope he will take that in the spirit in which it was meant. mr. speaker: order. >> you have been watching prime minister's questions. question time errors live is wednesday at 8:00 a.m. eastern on c-span2.
you can also watch it online at www.c-span.org. >> on the next washington journal, a look at the 2016 republican budget plans released last week in the house and senate with maya mcguiness president of the committee for a responsible federal budget. than the associated press talks about the freedom of information act and how the obama administration and other federal agencies have responded to requests for disclosing government files. also, a discussion on social security administration's so-called death masterfile. and how in accurate records have lead to deceased individuals. the government accountability office joins us. we will also take your calls and look for. your comments on facebook and twitter beginning live 7:00 a.m. eastern on c-span.
>> chinese premier li keqiang recently held a news conference in beijing after the annual people's conference. he answered a range of questions on the mastech and foreign policy -- domestic and foreign policy. this is courtesy of china central television. >> with huffington post, in under the dome, a documentary there are complaints about oil companies like sino pak -- sinopec and central china being a block to environmental protection and law enforcement in this field. for example, in the quality standards of gasoline consumed, the wider use of natural gas.
premier li keqiang: i understand the focus of your question is tackling pollution, especially smog. this is a concern on all peoples minds. the chinese government is determined to tackle smog and environmental pollution as a whole. and the efforts have already been made in this regard. the progress we have made still falls for -- far short of the expectations of our people. last year, i said the chinese government would declare war against environmental pollution. we are determined to carry forward our efforts until we achieve our goal. [speaking mandarin]
[speaking mandarin] premier li keqiang: we must get our focus of effort right. this year, our focus will be to ensure the full implementation of the newly revised environmental protection law. all acts of illegal production and emissions will all be brought to justice and held accountable. we need to make the cost for doing so too high to bear. much support will be given to environmental law enforcement departments, including capacity building. no one must use their power to meddle with law enforcement in this regard.
the law enforcement department should also have the courage to take charge and fulfill their responsibilities. law enforcement will deal with dereliction of duties. it will be handled in accordance with the law. we must ensure that the law will work as a powerful and effective tool in fighting pollution instead of being as soft as cotton candy. [speaking mandarin] [speaking mandarin]
premier li keqiang: to tackle environmental pollution is a systemic project that involves a lot of effort in various areas. a few days ago, i came across a media room or, which said that in this year's government work report, treaty -- treating environmental treatment came in the back. i want to draw your attention to one big difference, our target for a mission reduction. put together with all these major targets of social development, which come early in the government work report. and we also need to see that many parts of the report adjusting economic structure, or
improving the quality of fuels used have something to do with environmental treatment. this is going to take a process and requires the joint efforts of the whole of society. it may be difficult for one to change the natural environment he lives in anytime soon. but one can always change the way he behaves. thank you. [speaking mandarin] [speaking mandarin] [speaking mandarin] [speaking mandarin]
[speaking mandarin] >> as chinese economic development enters into a new normal, people are also thinking how we can bring our demographic scale and growth trends compatible with a new normal state. last year, married couples can have a second child if one of the parents is a -- has a single child. many people are calling for fully lifting the second child restriction. i am wondering if this is one of the goals on the agenda for government in reforming its family planning policy. if so, is there a timetable for that to happen?
single child and we are conducting a comprehensive review of how the policy has been implemented. based on the outcomes of this comprehensive review, we will take into account china's economic and social development situation and changes in our demographic structure. the pros and cons will be weighed, and we will make approve men's ended -- approve men's and adjustments in accordance with legal procedures. thank you. [speaking mandarin] >> [speaking mandarin]
[speaking mandarin] [speaking mandarin] >> this year marks the 75th anniversary of the end of the second world war. i would like to ask your outlook on history. we have also seen that more chinese tourists have traveled to japan and bought a lot of things there. at the same time, the number of japanese tourists visiting china
, as well as japanese investment in china, have both been on the decline. how do you see such a situation and how do you view the impact of china's planned commemoration activities, including the military parade on the sentiments of the japanese people? premier li keqiang: [speaking mandarin] [speaking mandarin] [speaking mandarin]
premier li keqiang: the 15th marks the 70th anniversary of the victory of the chinese people's war of resistance against japanese aggression and the anti-fascist war. not only china, but many countries in the world have planned to hold diverse forms of commemoration activities. the purpose of these activities is to firmly bear in mind the hard lessons gained from the past and in sure that that kind of history will never repeat itself. the purpose is to uphold the outcomes of the second world war and the postwar international order and international laws to maintain enduring peace of
premier li keqiang: it is true that the current chinese relationship is in difficulty. the crux of the issue is how the war and that part of history are viewed. one needs to hold a wide outlook on history. that means one needs to take history as a mirror and look to the future. for leaders of a country, while inheriting the historical achievements made by their forbearers, a also need to shoulder the historical responsibility for crimes committed in the past. the war of aggression imposed on the chinese people by the japanese military brought untold suffering. and the average people in japan were also victims of that war.
at such a critical moment this year, there is both a test and an opportunity for china to repair relationships. if leaders of japan can face history squarely and maintain consistency and how they view that part of history, there will be a new opportunity for improvement and further growth of china-japan relations. it will create favorable conditions for business relationships between the two countries. thank you. >> [speaking mandarin] [speaking mandarin]
[speaking mandarin] [speaking mandarin] >> since the beginning of last year cases of shadow banking have occurred from time to time. soon, local governments need to have a lot of debt being paid. as the downward pressure on china's economy grows, how do you see building up financial risks? premier li keqiang: [speaking mandarin]
[speaking mandarin] [speaking mandarin] [speaking mandarin] premier li keqiang: our plans require financial risks at the center of the questions you just raised. it is true there have been individual cases of financial risk in china. at the same time, we are fully capable of forestalling systemic and regional financial risk.
within the proper range. there is a fairly high savings rate in china. moreover, 70% of local government debts are in the form of investment, which boasts good prospects for making -- yielding returns. we are regulating local government financing vehicles to ensure we will keep the front door open while at the same time, blocking the backdoors. at the same time, chinese banks have fairly high capital adequacy ratios and ample provisions. it is true there are underperforming loans and the npl ratios has picked up. but the ratio is quite low internationally. >> [speaking mandarin]
[speaking mandarin] [speaking mandarin] premier li keqiang: individual cases of financial risk will be allowed. we encourage the practice of balancing one's book in a marketplace where we need to guard against moral hazard and raise people's awareness of financial risk. this year, we are going to introduce a deposit insurance system and can you to develop multitude capital markets and lower company leverage ratios. these will ensure that financial services can better serve the
economy. thank you. >> [speaking mandarin] [speaking mandarin] [speaking mandarin] translator: i am with tbs of taiwan. there have been certain developments in taiwan last year, which have affect did the business cooperation between the two sides of the taiwan straits. as the economy slows down, the