Chinese Premier Li Keqiang on Friday stressed tax cuts and fee reductions to stimulate market vitality, ensure employment and achieve a steady and healthy economic development.

Li made the remarks while presiding over a work conference in Jinan, capital city of east China's Shandong Province.

Senior officials from Shandong, Jiangsu, Fujian, Henan and Guizhou provinces attended the conference.

They said that tax cuts and fee reductions had greatly alleviated financial burdens on market entities, and increased household incomes. The policy has played a key role in ensuring stable expectations and economic growth.