BREAKING NEWS

China needs to ensure policies boost economy - Premier Li

China needs to ensure policies boost economy - Premier Li
Chinese Premier Li Keqiang speaks at the "1+6" Roundtable meeting at the Diaoyutai state guesthouse in Beijing, China November 21, 2019. REUTERS/Florence Lo -
Copyright
FLORENCE LO(Reuters)
Euronews logo
Text size Aa Aa

BEIJING (Reuters) – China needs to make better use of its various policy tools to boost the economy, Premier Li Keqiang said on Thursday.

All possible means will be used to lower real interest rates, and monetary policy needs to be better suited to boosting economic activity, Li told reporters after a roundtable with World Bank and IMF chiefs.

China’s economy has maintained a stable performance this year and the government is confident that it will achieve the main social and economic targets for 2019, said Li.

China’s economic growth has slowed to a near 30-year low, pressured by sluggish domestic and global demand and U.S. trade tariffs.

(Reporting by Gabriel Crossley; Editing by Kim Coghill)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.