Chinese premier urges efforts to keep growth within reasonable range

Source: Xinhua| 2019-01-14 21:19:25|Editor: yan
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CHINA-BEIJING-LI KEQIANG-STATE COUNCIL-PLENARY MEETING (CN)

Chinese Premier Li Keqiang presides over a plenary meeting of the State Council, which discusses a draft version of the government work report and analyzes economic work in the first quarter of 2019, Jan. 14, 2019. (Xinhua/Rao Aimin)

BEIJING, Jan. 14 (Xinhua) -- Chinese Premier Li Keqiang on Monday called for efforts to ensure economic growth within a reasonable range.

Chairing a plenary meeting of the State Council, which discussed a draft version of the government work report and analyzed economic work in the first quarter of 2019, Li said the country faces a more complicated development environment this year, with growing challenges and downward pressure on the economy creating arduous tasks for the government.

He urged efforts to strike a balance among stabilizing growth, promoting reforms, restructuring, improving people's well-being and preventing risks.

The government will strive to innovate and improve its macro-regulation but not resort to massive economic stimulus, Li said.

He said the country will keep economic growth within a reasonable range through range-based, targeted and precision regulation, and resist downward pressure with market vitality unleashed by reform and opening-up.

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