Targeting asset bubbles and risk to be focus

China will focus on combating asset bubbles and preventing economic and financial risks while "continuing to moderately expand aggregate demand and push forward supply-side structural reform", the top leaders said on Friday.

Economic growth has remained sound in the first three quarters, and much headway has been made in reducing excessive production capacity and lowering production costs, said a statement released after a meeting of the Political Bureau of the Communist Party of China Central Committee, presided over by General Secretary Xi Jinping.

However, some problems remain, such as growth gaps between different regions, industries and enterprises, according to a report by China Central Television.