CPC meeting stresses economic stability in H2

Source:Xinhua Published: 2018/7/31 23:13:40

China will keep its economy on a stable and sound development track with a proactive fiscal policy and prudent monetary policy in the second half of 2018, according to a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee held on Tuesday.

The meeting, presided over by Xi Jinping, general secretary of the CPC Central Committee, stressed that China will maintain the basic tone of "seeking progress while maintaining stability" for its economic work and allow the economy to continue to perform within a reasonable range.

Efforts should be made to push supply-side structural reform and win the "three tough battles," according to a statement released after the meeting.

The Central Committee of the CPC convened a symposium on July 17 to listen to the suggestions of leading members of non-Communist parties and the All-China Federation of Industry & Commerce and representatives of personages without party affiliation over the current economic situation and the economic work in the latter half of the year. Xi presided over the symposium and delivered an important speech emphasizing that the country must capitalize on the advantages of the system of CPC-led multiparty cooperation and political consultation.

"It's necessary for [non-Communist parties and the All-China Federation of Industry & Commerce and personages without party affiliation] to serve as good advisers, helpers, and colleagues of the CPC," Xi said.

Xinhua

Posted in: POLITICS

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