China State Planner Chief is out on the wires stating the world’s second-largest economy is facing more difficulties in achieving stable and healthy economic development.
Key quotes (Source: Reuters)
- Need more efforts to achieve growth targets in consumption, outstanding social financing, disposable income.
- Will keep liquidity reasonably ample.
- China will expand effective domestic demand.
- Will prioritize stabilizing employment.
- Will control intensity and pace of deleveraging.
- Will resolutely curb rises in property prices.