Wed, December 10, 2008
Business > Economy

China economic tone-setting conference ends with vow to maintain stable growth

2008-12-10 11:19:45 GMT2008-12-10 19:19:45 (Beijing Time)  Xinhua English

Chinese President Hu Jintao addresses the Central Economic Work Conference in Beijing, capital of China, Dec. 10, 2008. (Xinhua Photo/Ma Zhancheng)

Chinese Premier Wen Jiabao addresses the Central Economic Work Conference in Beijing, capital of China, Dec. 10, 2008.(Xinhua Photo/Ma Zhancheng)

BEIJING, Dec. 10 (Xinhua) -- China concluded the three-day annual Central Economic Work Conference Wednesday in Beijing with pledge to maintain a stable, healthy growth next year through domestic demand expansion and economic restructuring.

President Hu Jintao and Premier Wen Jiabao addressed the meeting, which was held once a year to set tone for the economic development the next year.

The meeting noted the important opportunities for China's economic and social development still existed and would not be reversed by the ongoing global financial woes.

According to the conference, in 2009 China will enhance and improve macroeconomic control efforts and carry out an active fiscal policy and moderately easy monetary policy.

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