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PBOC: China's economy to maintain steady and rapid growth in 2010

07-01-2010 11:01 BJT

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China's central bank says the economy is very likely to maintain steady and rapid growth in 2010.

With more positive factors than last year boosting the economy, the central bank has expressed confidence in China's growth. But the nation's economy still faces a complex domestic and international situation.

The central bank says it's imperative to continue implementing the country's macro control policy. It also reiterates the importance of increasing support for economic restructuring, and transformation of the economic growth pattern. Further efforts are needed to strengthen prudent management of macro policies and deepen financial reforms.

The bank also stressed the need to improve financial institutions' profitability, so as to maintain stability.

Editor:Xiong Qu |Source:

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