Beijing, Oct 30 (ANI): China has planned to fine tune its macroeconomic policy, keeping it 'more targeted, flexible and forward-looking' and will continue measures to control consumer prices.
According to a statement released by China's State Council, the government should maintain control of the intensity, pace and focus of economic regulation and grasp the changes in economic development trend, Xinhua reports.
China's economy has maintained a stable and rapid development this year, with domestic and external demand more balanced and inflation initially under control, it the statement said.
But faced with new problems in the complicated global and domestic economic conditions, Chinese policymakers should keep clear-minded and get fully prepared for next year, the statement added.
The Council said that the nation should take pre-measures or fine tune its macro economic regulation at a proper time and at a proper degree.
It said that the government would 'unswervingly' continue its property market tightening measures for the rest of this year, urging local governments to strictly carry out the existing policies.
The government would also provide active support to small and micro-sized enterprises, which are scientifically innovative and can help generate employment. (ANI)
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