Premier: Keep macro-economic policy stable
0 Comment(s)
Print
E-mail China.org.cn, June 8, 2013
 |
|
Premier Li Keqiang makes remarks at a meeting with leaders of Beijing, Tianjin, Hebei and Shandong provinces on June 8, 2013 in Hebei Province. [Xinhua] |
China will maintain a stable macro-economic policy and innovate reglatory methods in order to well manage the current economic situation, said Premier Li Keqiang on Saturday.
Li made the remarks at a meeting with leaders of Beijing, Tianjin, Hebei and Shandong provinces. Li said that Chinese economy is still growing at a relatively fast pace and within a reasonable range. The employment situatino has also been steady this year, said Li.
However, complicated factors are ahead, which need to be monitored closely, he noted.
"Scientific approaches are needed to ensure this year's social and economic goals are met," he said.
Li reiterated the importance of reform to vitalize the market and economy. The government should cut expenditure on its own administration and increase spending on improving people's lives.
Credit should be used to support the real economy while industrial overcapacity should be addressed, he added.
Talking about the rim of the Bohai Sea, which covers Shandong, Hebei and Liaoning provinces, and port city Tianjin, Li said it is one of China's most vibrant economic engines.
These areas have a population of 250 million and turn out a quarter of the nation's economic output.
Li said the region should accelerate reform and opening up further to the outside world. All-rounded efforts should be made to develop the region into a new pillar of the country's economic growth and restructuring.
Go to Forum >>0 Comment(s)