China will continue to implement its proactive fiscal and prudent monetary policies, as well as push forward reform and innovation in 2014, according to a statement issued Friday.

The statement was released after a four-day central economic work conference, which sets the tone for policymaking for the year ahead.

The country will stick to "making progress while maintaining stability" and reform and innovation will be core areas of the year's economic work.

The country will push forward interest rate liberalization and exchange rate reforms next year, the statement said.

The government will continue to adjust the structure of expenditures, spend money more wisely, improve structural tax cuts and increase the number of experiments for replacing turnover tax with a value-added levy, said the statement.

The country will "keep a reasonable growth of monetary credit, optimize the funding and credit structure and increase the proportion of direct financing," it said.

All policies will be closely tied to deepening reform in all fields, it added.

The country should "make efforts to free up demand, give full play to the fundamental role of consumption, the pivotal role of investment and the supporting role of exports," said the statement.

China has kept a proactive fiscal policy since late 2008, when the country unveiled a 4-trillion-yuan (654.7 billion US dollars) stimulus package to counter the impact of the global financial crisis. Its monetary policy has been prudent since late 2010.

The latest figures indicate the country will be able to meet the government's targets for 2013 on economic growth rate, consumer price index and new jobs, which are set to create favorable conditions for next year's economic planning.

Earlier this year, the government said the country's growth rate should be around 7.5 percent, the CPI should be capped at around 3.5 percent and at least nine million new jobs should be created in 2013.

Analysts with the State Council's Development Research Center, a government think tank, maintained that the most important task of next year's economic work lies in reform.