'Press on' with economic shift

Political Bureau meeting, led by Xi, says implement restructuring, stabilize real estate sector

China's top leaders urged on Tuesday that the nation "unswervingly press on with the strategic adjustment of its economic structure" while ensuring "systematic financial risks do not occur".

The country also should accelerate its establishment of a long-term mechanism to promote the stable development of the real estate sector, Xinhua News Agency reported, citing a statement after a meeting of the Political Bureau of the Communist Party of China Central Committee, presided over by President Xi Jinping, also general secretary of the CPC Central Committee.