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Premier Li Stresses Financial Support For Domestic Demand

CHINA PRESS
MNI (Singapore)

Chinese Premier Li Keqiang called for the ramping up of financial support for the expansion of domestic demand, and ensuring the yuan exchange rate remained stable at an adaptive and balanced level to keep the economy performing within a reasonable range, reported Xinhua News Agency. During a visit to the People’s Bank of China on Monday, the premier stressed the importance of further refining the financing environment for the private sector and smaller businesses, and preventing and defusing financial risks. He noted the PBOC should continue to help strengthen consumption, investment and economic structure, and pointed out that the nation's forex reserves had generated good earnings.

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