China premier says economic fundamentals sound, to push reform
Reuters
Published Jan 21, 2015 02:15
China premier says economic fundamentals sound, to push reform
BEIJING (Reuters) - China's sound economic fundamentals have not changed and the government will put more focus on structural reforms this year, Premier Li Keqiang was quoted on Wednesday as saying.
The Xinhua news agency quoted Li as saying that the government will maintain keep macro-policies appropriate, as China's economy faces a complex environment this year.
Data on Tuesday showed China's economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to roll out more support measures to avoid a sharper downturn.
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Written By: Reuters
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