Chinese Premier Wen Jiabao has reiterated the country's stance in maintaining the continuity and stability of macro economic policies to further consolidate the growth momentum.

Wen held talks with economists and entrepreneurs on Monday and Tuesday, during which he said the country would work to make these macro policies more flexible and targeted, according to a statement posted on the government website (www.gov.cn) Wednesday.

China's economy was developing in the expected direction under the country's macro regulations, the premier said.

China would balance maintaining stable and relatively fast economic growth, adjusting the economic structure and avoiding possible inflation, he said.

The country's gross domestic product surged 11.9 percent year on year in the first quarter of this year, accelerating from 10.7 percent in the last quarter of 2009.

(Xinhua News Agency June 30, 2010)