Seeking stability does not mean backtrack on reforms, as a commentary to be released on the People's Daily Saturday points out. The central leadership are well aware of the problems dragging down the country's growth and are determined to address them.

The key to resolving structural imbalance lies in pushing supply-side reform, the meeting agreed, specifying five major tasks: cutting industrial capacity, destocking, de-leveraging, lowering corporate costs and improving weak links.

The reform priorities also emphasize balancing stability and growth. On one hand, more efforts will be taken to improve the competitiveness of the country's agricultural sector, state-owned enterprises and the real economy, hopeful new drivers of growth; on the other hand, the country will explore a market-oriented, long-term property mechanism to avoid financial bubble burst.

The challenges ahead and the tasks set are by no means small, but confidence, determination and wise actions will see China through.

【国际英语资讯:China well prepared to manage difficult balancing act】相关文章：

★ 瑞信拟对机构实行负利率

★ 夏天出生的人不易当上CEO？

★ 牛津字典收录微博词汇 网络用语受宠

★ FT社评：金正恩的危险野心

★ 降价三成的赌城大宅

★ BBC：IE浏览器用户智商低？

★ Lex专栏：中国经济放缓影响美国企业业绩

★ 外套流行超大号

★ 资讯热词：“绩效工资”怎么说？

★ 审计纷争或引发赴美中概股退市潮