国际英语新闻：British PM outlines economic strategy for growth

He announced a 200 million pound (about 300 million U.S. dollars) in technology and innovation centers over four years to stimulate research and growth.

Cameron was speaking less than a week after his finance minister, chancellor of the exchequer George Osborne, announced cuts of 81 billion pounds in public spending over the next four years in a bid to tackle the near-record government spending deficit of 156 billion pounds (about 240 billion U.S. dollars) for 2010-11.

The cuts will cost 490,000 public sector jobs, by Osborne's own figures, and critics say an additional 500,000 jobs in the public sector could be lost too.

The cuts are the most drastic since the Second World War, and they look likely to dominate British politics for the next four years.

The coalition government is looking to the private sector to pull Britain out of the effects of the recession, while its critics say that it needs a back-up plan and risks plunging the economy back into recession with the swiftness and depth of its cuts in public spending.

Richard Lambert, the director-general of the CBI, told Xinhua that he thought a double dip was unlikely but "we are going to see real ups and downs in the quarters going forward." It was important to look at longer term trends and predicted that the economy would grow by 2 percent in 2011.

He echoed Cameron's call to aid small and medium-sized businesses with bank lending, saying "they should be doing more than they are."

Cameron, who is the leader of the majority coalition party the Conservatives, was backed up by one of his most respected and senior Cabinet ministers Dr Vincent Cable, a Liberal Democrat, who is business secretary.