China has enough tools to ensure stable economic performance: Premier Li
Published Thu, Mar 24, 2016 · 02:29 AM
[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
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers
Luxury sector outlook clouded by China’s slow recovery
‘We aren’t going anywhere’: TikTok CEO expects to defeat US restrictions
TikTok artists and advertisers to stay with app until ‘door slams shut’