Off the wire
• WTA Luxembourg Open results (updated)  • Roundup: Greece, France sign declaration of strategic partnership  • U.S. stocks open higher on strong tech earnings  • Chinese president wraps up British visit  • Senior leader stresses official cultivation, selection  • Poland hosts training exercise with NATO allies  • Croatian, Serbian ministers agree mechanism for solving refugee crisis at border  • Kremlin Cup results  • EBRD earmarks 300 million U.S. dollars for Ukraine to cover gas imports  • Red Cross calls for long-term support for Nepal earthquake rebuilding  
You are here: 　 Home

Premier highlights reform, innovation to promote growth

Xinhua, October 23, 2015 Adjust font size:

Innovative thinking on macroeconomic regulation and reform are essential to promoting economic growth and industrial upgrading, Premier Li Keqiang said Friday.

More targeted and flexible macro-control measures should be rolled out, including fiscal and monetary policies, such as interest rate and reserve requirement ratio cuts, to keep the economy running on a stable track, Li said at the Party School of the Communist Party of China (CPC) Central Committee.

As China's economic growth continues to slow and global financial markets fluctuate, China faces the tough task of stabilizing growth.

More reform measures, especially in fields of fiscal, taxation, banking, and state-owned enterprises, as well as a higher level of opening up to the world are also necessary for economic growth, Li said. Endi