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China to keep macro policies consistent, targeted: Premier Li

Leaders

​China will keep macro policies consistent and targeted, and strive for fairly good results in economic development for the whole year, Chinese Premier Li Keqiang said on Tuesday.

XinhuaUpdated:  July 20, 2022
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China will keep macro policies consistent and targeted, and strive for fairly good results in economic development for the whole year, Chinese Premier Li Keqiang said on Tuesday.

Li made the remarks at the Special Virtual Dialogue with Global Business Leaders hosted by the World Economic Forum.

In keeping major economic indicators within a proper range, the most important thing is to keep employment and prices stable, Li said.

As long as employment is relatively sufficient, household income grows and prices are stable, slightly higher or lower growth rates are both acceptable, he added.

"Keeping major economic indicators within a proper range also means that the macro economy can enjoy sustained and sound growth," said Li.