Off the wire
• BOC Singapore Branch launches 80th anniversary exhibition  • China's two classified ad sites to merge  • U.S. paratroopers to train Ukrainian soldiers at military facility  • 1st LD: Iraq says Saddam-era vice president killed  • News Analysis: Center Party emerges as likely winner in Finnish parliamentary election  • Russian PM encourages students to learn Chinese  • Bubonic plague breaks out in eastern Zambia  • Urgent: Iraq says Saddam-era vice president killed  • EU external current account surplus reaches 20.4 bln euros in Feb.  • Ancelotti expects Iker and himself to be at Real Madrid next season  
You are here: 　 Home

Financial sector should support real economy: premier

Xinhua, April 17, 2015 Adjust font size:

Chinese Premier Li Keqiang said Friday that the country should push forward reforms in the financial sector to support growth of the real economy.

The financial industry plays an irreplaceable role in upgrading economic growth and improving people's lives, Li said in a conference with China's banking regulator and leaders from commercial banks.

"If we compare the real economy to flesh, finance is the blood within it. They rely on and supplement each other," Li said.

Commercial institutions should push forward reforms to solve financing problems for companies and high financing costs, Li said, adding that they should support small and medium-sized companies in particular, as well as entrepreneurship and innovation. Endi