China to maintain macroeconomic policy in 2018

Updated 2017-11-08 23:31:57 Xinhua

Premier Li Keqiang said Tuesday that China will maintain the continuity and stability of its macroeconomic policy and continue reform and opening up in 2018.

Li made the remarks at a symposium attended by economists, entrepreneurs and senior government officials.

The government will also further cut taxes and fees for companies to reduce "institutional transaction costs," Li said.

For this year, the premier said China's economy performed "better than expected," a "strong response" to the "hard landing" scenario which had been predicted by some.

He also cautioned that unstable and uncertain factors remained outside China, deep-rooted structural problems were still prominent in the Chinese economy, and all sorts of risks cannot be ignored.

China's economy continued its firm growth with gross domestic product expanding 6.9 percent year on year in the first three quarters, above the government target of 6.5 percent for the whole year, official data showed in October.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 17 2017 08:31:40

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16December 17 2017 08:31:40

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 17 2017 08:31:40

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords