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China Opens Key Economic Work Meeting

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China's decision makers gathered Saturday to determine economic policies for 2010, aiming to better deal with the impact of the international financial crisis and consolidate the foundation for economic recovery.

 China opens key economic policy meeting

 Delegates attend the Central Economic Work Conference in Beijing, capital of China, December 5, 2009. [Xinhua]

The Central Economic Work Conference, an annual event initiated more than a decade ago, started days after China said it would continue the proactive fiscal policy and moderately easy monetary policy next year.

Analysts with the Development Research Center of the State Council, a government think tank, said coping with further impact of the international financial crisis would remain a major task for China in 2010.

To continue the fiscal and monetary policies and implement and enrich the economic stimulus package would help China achieve full economic recovery, the analysts said.

They expect more efforts to transform the mode of development and in economic restructuring next year.

Meanwhile, they believe the government would further deepen reform and opening up, push forward innovation, and improve people's livelihood.

(Xinhua News Agency December 5, 2009)