China's President Xi Jinping delivers a speech during the Economic Work Conference in Beijing from Dec 10 to Dec 13. [Photo/Xinhua] |
The four-day economic conference, chaired by China’s President Xi Jinping, decided to maintain the proactive fiscal policy and prudent monetary policy stance in 2014.
More about Central Economic Work Conference |
1. Securing food supply, and at the same time, food safety;
2. Changing the industrial structure, resolve the over-capacity issue and promote sustainable economic growth driven by consumption, services and innovation.
3. The government will also try to better manage the debt of local governments.
4. Coordinating the development between different regions.
5. Improve people’s livelihood and boost employment.
6. Last but not least, China will also spur international financial cooperation, mainly in the areas of Free trade agreements and investment deals.It’s widely expected that China’s economy will grow at annual 7.6-7.7 percent this year, above the government target of 7.5 percent.
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