China's main priority in 2019 is to.....>

CHINA PRESS: China's main priority in 2019 is to deepen the reform of the

financial system, as China maintaining an average growth rate of 6% in the next

three years depends on it, Sina Finance reports, citing a report published by Li

Daokui, a professor at Tsinghua University School of Economics and Management.

And China joining the ranks of high-income countries by 2022 also depends on it,

the report adds.

- Li thinks excessive tightening in the financial sector is the main reason

China's economy has been undergoing a new round of adjustment since mid-2018,

which is marked by a lack of confidence among private and small companies, as

well as slowing GDP growth, the report said.