China committed to economic reforms, 'pre-emptive finetuning': Vice-Premier

BEIJING (REUTERS) - China will finetune its policy settings and take decisive steps when needed to speed up economic restructuring, Vice-Premier Zhang Gaoli said in remarks published on the government's website on Monday.

Mr Zhang said China will stick to its active fiscal policy and prudent monetary policy, but will take decisive measures to support reasonable infrastructure and social welfare investment as well as the development of exporters, service providers and small firms.

"We must make pre-emptive (policy) finetuning in a timely and appropriate manner," Mr Zhang was quoted as saying during a weekend visit to the southwestern province of Guizhou.

"We are committed to speeding up economic restructuring to improve the quality of growth."

Join ST's Telegram channel and get the latest breaking news delivered to you.