Mon, February 21, 2011
China > Politics

China stresses economic stability amid complicated situation in 2011

2011-02-21 11:39:30 GMT2011-02-21 19:39:30(Beijing Time)  Xinhua English

BEIJING, Feb. 21 (Xinhua) -- China's top leading body Monday pledged to prevent wild swings in economy, while warning that the economic situation in 2011 would be complicated.

The country should maintain stable and consistent macro-economic policies while improving accuracy, flexibility and efficiency of the policies, the Political Bureau of the Communist Party of China (CPC) Central Committee decided at a meeting presided over by President Hu Jintao.

Officials are urged at the meeting to "remain sober, be aware of difficulties, and work hard to fulfill the tasks this year so as to create a good beginning for the 12th Five-year Program (2011-2015)."

The Bureau reassured that China will continue an active fiscal policy and prudent monetary policy, while trying to balance steady economic growth with economic restructuring and management of inflation.

It vowed to work to maintain stable commodity prices, expand domestic consumption, increase investment in agriculture, speed up industrial restructuring, promote education and development of science and technology, and improve people's livelihoods and cultural services.

It also pledged to continue reforms in key sectors, promote the opening-up and battle corruption.

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