BEIJING (Reuters) – China must manage the relationship between steady economic growth and risk prevention as external uncertainties are increasing, according to a recent meeting of a high-level government body.
The State Council Financial Stability and Development Commission said more attention needs to be paid to the transmission of monetary policy and its support for the real economy, according to a statement posted to an official government website on Friday.
China will continue to crack down on illegal financial activities and institutions and make positive use of fiscal policy, the meeting decided.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.