BEIJING, March 19 (Xinhua) -- Vice Premier Zhang Gaoli said Sunday that China should increase supply-side structural reform to stimulate growth and improve market vitality.
He made the remarks at the opening ceremony of China Development Forum 2017 (CDF) in Beijing.
Zhang highlighted the basic tone of "seeking progress while maintaining stability" and underscored the need for effort to maintain growth, ensure employment and counteract risks from home and abroad.
China will forge ahead with its supply-side reform, cutting steel production capacity by around 50 million tonnes and coal capacity by over 150 million tonnes this year, he said.
The country will prioritize de-stocking unsold houses in third- and fourth-tier cities as it fights speculation in the housing market, said the vice premier.
Key reforms will gain momentum to spur economic growth and market vitality, and the government will continue to cut red-tape to facilitate businesses, he added.
The vice premier also restated China's commitment to better air, water and soil quality through low-carbon development and conservation of ecospace.
Meanwhile, China will remain committed to ensuring innovation drives development forward and will increase efforts to revitalize the real economy, he said.
"The real economy is the foundation of economic growth and we will optimize it," according to Zhang.
【国际英语资讯:Chinese vice premier urges boosting supply-side structural reform】相关文章:
★ 巴菲特投资太阳能
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15