China's economic growth in the first quarter was within a proper range, so the government will maintain the continuity and stability of its macroeconomic policies, the top leadership announced on April 25.
Since the beginning of the year, the country has been forced to face economic challenges and difficulties head on but the economy has generally had a good start, said a statement released after a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee.
Xi Jinping, General Secretary of the CPC Central Committee, chaired the meeting to discuss the economic situation and related matters.
"The economic situation was generally in line with the government's macroeconomic regulation and developmental outlook," the statement said.
Economic fundamentals remain unchanged and the country should coordinate the measures required for stabilizing growth, promoting reforms, adjusting structure, improving livelihoods and preventing risks, the statement said.
"Both fiscal and monetary policies will be kept steady to nurture expectation for sound development and a transparent macro policy environment," it said. |