Chinese premier stresses consolidating stable growth momentum

Cellphone photo taken on Nov. 3, 2020 shows the Lujiazui area in east China's Shanghai. (Xinhua/Ding Ting)

Chinese Premier Li Keqiang has stressed efforts to consolidate stable economic growth momentum and maintain the continuity, stability and sustainability of the country's macro policies.

Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks on Friday while presiding over a symposium attended by experts and entrepreneurs.

Vice Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee, attended the meeting.

The symposium analyzed the country's current economic situation and listened to opinions on government's future economic work.

China's economy has consolidated its sound recovery momentum since the beginning of this year, Li said.

In light of the complex and grave international environment and uneven economic recovery at home, Li highlighted the importance of taking a comprehensive and objective perspective in analyzing economic situation.

Efforts should be made to maintain the continuity, stability and sustainability of macro policies, in a bid to ensure that the country's economy runs within an appropriate range and promote high-quality development, Li said.

The premier underscored paying attention to the changing situations at home and abroad, adding that the policy support for securing employment, people's livelihoods and the operations of market entities will not weaken.

Li urged implementing measures aimed at supporting small and micro-sized businesses and self-employed individuals, better leveraging policies to promote the innovation and upgrading of the manufacturing sector, as well as channeling more funds to the real economy.

He also demanded efforts to promote reform and opening-up, optimize business environment, stabilize foreign trade and investment and ensure the stability and security of industrial and supply chains.