US EUROPE AFRICA ASIA 中文
    China / Government

    Premier highlights reform, innovation to promote growth

    (Xinhua) Updated: 2015-10-24 07:51

    Premier highlights reform, innovation to promote growth

    Chinese Premier Li Keqiang gives a lecture at the Party School of the Communist Party of China (CPC) Central Committee, in Beijing, capital of China, Oct 23, 2015. [Photo/Xinhua]

    It is essential to be innovative when drawing up macroeconomic regulation and reform measures, as they are expected to promote economic growth and industrial upgrading, Premier Li Keqiang said Friday.

    More targeted and flexible macro-control measures should be rolled out, including fiscal and monetary policies, such as interest rate and reserve requirement ratio cuts, which would keep the economy running on a stable track, Li said at the Party School of the Communist Party of China (CPC) Central Committee.

    The People's Bank of China (PBOC) announced on Friday to cut the reserve requirement ratio (RRR) of banks by 0.5 percentage points starting from Saturday.

    The benchmark interest rates for one-year loans and deposits will be cut by 0.25 percentage points to 4.35 percent and 1.5 percent respectively.

    This was the fifth RRR reduction in nearly nine months and the sixth round of interest cuts in nearly 11 months, amid efforts to further reduce the cost of financing and ensure reasonably adequate liquidity in the banking system.

    As China's economic growth continues to slow and global financial markets fluctuate, China faces the tough task of stabilizing growth.

    It is necessary to continue opening up and implementing measures that focus on fiscal, taxation, banking, and state-owned enterprises, to achieve this end, Li said.

    Li also highlighted the innovation-driven development strategy, adding that innovation and mass entrepreneurship would inspire creativity while promoting the development of enterprises, and facilitate upgrading in traditional industries and growth in emerging ones. The strategy will also help boost the service and manufacturing sectors.

    The final goal of economic growth is improving the people's livelihood , Li said. The government should coordinate market and society resources to improve fields related to the interests of the people, such as employment, education, health care, housing renovation, social security and poverty relief.

    China's GDP expanded 6.9 percent in the third quarter of 2015, the first time the quarterly growth rate has dropped below 7 percent since the second quarter of 2009.

    Previous Page 1 2 Next Page

    Highlights
    Hot Topics
    ...
    在线播放无码高潮的视频| 成在线人免费无码高潮喷水| 精品无码人妻一区二区三区品 | 国产欧美日韩中文字幕| 国产v亚洲v天堂无码网站| 中文字幕在线无码一区| 无码人妻少妇久久中文字幕 | 国产色综合久久无码有码| 全球中文成人在线| 精品久久久久久无码国产| 2014AV天堂无码一区| 中文字幕精品亚洲无线码一区应用| 亚洲午夜无码片在线观看影院猛| 日韩乱码人妻无码中文字幕久久| 中文字幕精品久久久久人妻| 最近中文字幕无免费| 中文字幕精品视频| 暖暖免费日本在线中文| 亚洲AV中文无码乱人伦在线观看 | 99精品人妻无码专区在线视频区 | 亚洲成AV人片在线播放无码| 一本精品中文字幕在线| 最近新中文字幕大全高清| 亚洲中文字幕无码日韩| 久久精品中文字幕一区| 在线看福利中文影院| 午夜精品久久久久久久无码| 国产精品亚洲αv天堂无码| 精品视频无码一区二区三区| 免费无码成人AV在线播放不卡| 亚洲精品无码国产| 无码中文人妻视频2019| 亚洲AV日韩AV永久无码下载| 亚洲AV无码专区国产乱码4SE| 亚洲va无码va在线va天堂| 亚洲人成网亚洲欧洲无码久久| 精品无码免费专区毛片| 亚洲国产精品无码专区| 蜜芽亚洲av无码精品色午夜| 国产精品亚洲а∨无码播放| 国产在线观看无码免费视频 |