27 February 2020

Key work conference sees reasonable growth in 2014

China will achieve reasonable economic growth in 2014 by maintaining its macro control policy, China National Radio reported Friday, citing information from the four-day Central Economic Work Conference which ended Friday. The government faces a huge and difficult task in reforming the economy which is under downward pressure, the report said. The country will continue its prudent monetary policy and proactive fiscal policy while resolving the local debt problem. It will also push forward interest rate liberalization and exchange rate reform.

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