China needs to ensure policies boost economy - Premier Li
- Country:
- China
China needs to make better use of its various policy tools to boost the economy, Premier Li Keqiang said on Thursday. All possible means will be used to lower real interest rates, and monetary policy needs to be better suited to boosting economic activity, Li told reporters after a roundtable with World Bank and IMF chiefs.
China's economy has maintained a stable performance this year and the government is confident that it will achieve the main social and economic targets for 2019, said Li. China's economic growth has slowed to a near 30-year low, pressured by sluggish domestic and global demand and U.S. trade tariffs.
ALSO READ
-
Tanzania’s Economy Gains Momentum, but Better Jobs Hold the Key to Broader National Prosperity
-
Tanzania’s Growing Economy Puts Better Jobs at the Heart of Its Next Growth Chapter
-
From Debt Pressure to AfCFTA: Africa Searches for a New Formula to Finance Growth and Jobs
-
World Bank Backs Tonga’s Push for Better Jobs and Business Growth With $15M Grant
-
ILO Report Reveals How to Bring Social Security Within Reach of Informal Workers
Google News