Chinese Premier Li Keqiang said on Thursday that macro-policy orientation will remain unchanged and uncertainties of economic instability will increase this year. It is not excluded that there will be some fluctuations, but as long as the whole year runs within a reasonable range, strategic strength will be maintained. If there are changes in the economic operation that exceed expectations, China has sufficient spare tools.
Li Keqiang said at the opening ceremony of the Boao Forum for Asia that China's economic stability has undergone positive changes since this year, and market expectations have improved significantly in recent years. He will continue to rely on reform and opening up to stimulate the vitality of market players and enhance endogenous power to withstand downward pressure and make the economy better in the long run.
"Good economic situation does not depend on quantitative easing or flooding irrigation. We should adhere to the macro-policy orientation unchanged. This year, uncertainties and uncertainties will increase. We can not rule out certain fluctuations, but as long as the whole year runs in a reasonable range, we will maintain the strategic strength." Li Keqiang said.
He said that in order to reduce the actual level of interest rates and focus on solving the financing difficulties of small and medium-sized enterprises, financing costs must be significantly reduced.
Li Keqiang pointed out that in order to expand the opening up of modern service industry, transportation, infrastructure, energy resources and other fields, and continue to expand the market access of service industry, especially banking and insurance industry, to foreign investment, it is currently being comprehensively promoted. The negative list of foreign investment access will be revised and issued again before the end of June.
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