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World


China focused on economic stability ahead of Party Congress this year - Xinhua

BEIJING, Feb 21 (Reuters) China must maintain stable economic development and social harmony this year as the country and Communist Party look to ensure a successful party congress, state media said, citing a statement after a top party meeting today.
To meet economic targets this year, China should stabilise and improve macroeconomic policies, while maintaining a proactive fiscal policy and prudent monetary policy, the Xinhua news agency cited a meeting of the Politburo, presided over by President Xi Jinping, as saying.
Top leaders said in December monetary policy would be kept "prudent and neutral" in 2017 as they looked to a path of stable and healthy growth.
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