Economy to grow steadily in 2014

The Chinese economy and financial market will grow steadily in 2014, Premier Li Keqiang said.

By pushing ahead reforms and opening up the market, China has the conditions to maintain the smooth running of its economy and the general stability of its financial market, Li said.

To achieve the target, the premier has promised a prudent fiscal policy. He said the government will maintain liquidity at a proper level, sustain the reasonable growth of monetary credit and social financing, as well as keep prices stable.