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BEIJING Cheap Clayton Geathers Jersey , Jan. 28 (Xinhua) -- Chinese Premier Li Keqiang on Thursday talked with International Monetary Fund (IMF) Managing Director Christine Lagarde on the phone upon her request about the global economic and financial situation and that in China.


Li said that the world economy, which is in the middle of deep adjustments, remains in a complicated situation, weighed down by a weak recovery and rising uncertainties. An international consensus has emerged on the need to bolster growth, take forward restructuring and enhance cooperation.


Li said that China's economy has been deeply integrated into the global economy. Alongside the slow-down in growth of the world economy and trade and heightened volatility in international financial markets, China's ability to deliver a medium-high growth of 6.9 percent Cheap Nate Hairston Jersey , solid employment, higher income and savings growth than gross domestic product, and steadily improving environment last year came as no mean feat.


The Chinese premier pointed out that reform holds the key to China's development.


In the face of downward pressure on the global economy and deep-seated imbalances at home, China will toughen its resolve, rise to the challenge, and tap into the huge potential Cheap Matthias Farley Jersey , resilience and room for maneuvering of the Chinese economy through a combination of policy measures, he said.


"While expanding aggregate demand in an appropriate way, we will vigorously pursue structural reform, particularly supply-side structural reforms," he said.


The premier said China will continue to implement a proactive fiscal policy and prudent monetary policy, push forward the innovation-driven development strategy Cheap Rigoberto Sanchez Jersey , and encourage mass entrepreneurship and innovation to unleash people's enthusiasm and creativity.


All these will help to generate new and stronger impetus for development and upgrade traditional growth drivers, making it possible for China to maintain continued steady growth of its economy, he said.


When talking about the RMB exchange rate, Li stressed that the Chinese government has no intention of boosting exports by devaluing the yuan. Still less would China go for a trade war. The fact is the RMB exchange rate has remained basically stable against a basket of currencies. And there is no basis for continuous depreciation of the RMB.


"We will press ahead with the reform of the RMB exchange rate formation mechanism in line with the principles of independence, gradualism and controllability, enhance communication with the market Cheap Al Woods Jersey , and keep the RMB exchange rate basically stable at an adaptive and equilibrium level," he said.


Li commended the active role the IMF has played over the years in boosting global growth and maintaining financial stability. He said that the Chinese government will deepen dialogue with the IMF and other international institutions on economic development and macro policies, and work with other countries and parties to send positive signals for world economic recovery and growth and strengthen market confidence.


Lagarde expressed confidence in the steady growth of the Chinese economy through the implementation of such effective measures as robust macro policies, structural reform, a coherent exchange rate policy, and enhanced communication with the market.


The IMF will step up communication and cooperation with China to jointly convey to the market the commitment to reform and confidence in growth Cheap Margus Hunt Jersey , she said.


Related:


Premier Li urges more financial support for industrial upgrades


BEIJING, Jan. 27 (Xinhua) -- Premier Li Keqiang on Wednesday called for more financial support for industrial upgrades as the country strives to restructure its economy.


"Making good,creative use of financial tools to support industrial upgrades is an important way for the financial sector to better serve the real economy," read a statement issued after an executive meeting of the State Council chaired by Premier Li.Full Story


Chinese economy not in crisis: expert


PRETORIA, Jan. 19 (Xinhua) -- China is not facing an economic crisis but adjusting its economic structure, a Chinese expert said on Tuesday.


"There is a global slowdown in the market and China is part of the world facing those challenges and risks. The economic slowdown would facilitate industrial structure to adjust demand to supply Cheap Jabaal Sheard Jersey ," said Gu Hailiang, Deputy Chair of the State Committee of Social Sciences at the Chinese Ministry of Education. Full story


China Headlines: Supply-side reform to keep Chinese economy fit


BEIJING, Jan. 4 (Xinhua) -- One change will certainly be deeply felt in China's economy in 2016 and more time come: supply-side structural reform.


"Supply-side structural reform is an urgent task that cannot afford any delay, otherwise the 'sickness' will become graver," an authoritative figure told the People's Daily in an exclusive interview, published on its front page and the whole second page on Monday.

Chinese President Xi Jinping and other leaders attending the 12th Summit of the Group of 20 (G20) major economies pose for a group photo in Hamburg Cheap Matt Slauson Jersey , Germany, July 7, 2017. (XinhuaLi Xueren)

by Xinhua writers Yan Feng, Zhu Sheng


BERLIN, July 11 (Xinhua) -- China made major contributions to the Group of 20 (G20) summit held last week in Hamburg, a Chinese diplomat has said.


The G20 Hamburg summit Cheap Ryan Grant Jersey , held on July 7-8, was themed "Shaping an Interconnected World" and carried forward the principles rooted in last year's summit in Hangzhou, China, which highlighted innovation, vitality, interconnectivity and inclusiveness Cheap Eric Ebron Jersey , Wang Weidong, commercial counselor of the Chinese embassy in Germany, said in a recent interview with Xinhua.


Wang said the Hamburg summit continued the discussions of the Hangzhou summit on issues such as the digital economy, sustainable development, deepening partnership with Africa and promoting international anti-corrup. Cheap Air Max Shoes Cheap Air Force 1 Black Cheap Air Force 1 Low Cheap Air Force 1 Flyknit Cheap Air Force 1 Black Cheap Air Force 1 Mens Cheap Nike Air Force 1 Cheap Air Vapormax Cheap Air Vapormax Flyknit Cheap Air Vapormax Sale
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