China will continue to implement the proactive fiscal policy and loose monetary policy in an appropriate |
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Chinese Finance Minister Xie Xuren, today in G20 meeting of finance ministers and central bank governors, said that China will continue to implement the proactive fiscal policy and loose monetary policy appropriate to consolidate the economic recovery of the situation stabilized, to promote steady and rapid development. The Group of Twenty (G20) Finance Ministers and Central Bank Governors Meeting September 4 to 5 held in London. China’s Finance Minister Xie and Zhou Xiaochuan, led the Chinese delegation to attend the meeting. He pointed out that the current world economy is at a critical period of recovery, all countries should maintain the continuity and stability of macro-economic policy and oppose all forms of protectionism and promote global economic recovery and growth. He stressed that countries should work together to promote the reform of international financial institutions to adjust the shares and voting rights structure, and significantly improve the representation of developing countries and a voice. |
Xie in his speech on China’s current economic situation, pointed out that the Chinese government has adopted to promote the economic growth package has already made remarkable achievements in stabilizing the economy rebound, but the foundation is still unstable. The next step will continue to implement a proactive fiscal policy and loose monetary policy appropriate to consolidate the economic recovery of the situation stabilized, to promote steady and rapid development.