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China has enough tools to ensure stable economic performance: Premier Li

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China has enough policy tools to ensure a stable economic performance, Premier Li Keqiang said on Thursday at a forum in Boao on the southern Chinese island of Hainan.

[BEIJING] China has enough policy tools to ensure a stable economic performance, Premier Li Keqiang said on Thursday at a forum in Boao on the southern Chinese island of Hainan.

Mr Li said that high-speed economic growth rates are not sustainable, so the government will pay more attention to the quality and efficiency of economic growth.

He also said China's debt ratio is not high, pointing to a debt-GDP ratio of 17 per cent.

REUTERS

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