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Li vows to boost support for real economy

By Hu Yongqi | China Daily | Updated: 2016-06-22 07:56

China will strengthen the financial sector's role in supporting the real economy by providing reasonably sufficient liquidity and achieving stable exchange rates for the renminbi, according to Premier Li Keqiang.

Li made the vow on Monday during a visit to the headquarters of the People's Bank of China - the central bank - and to China Construction Bank in Beijing.

Amid a volatile international financial market, China's financial reforms have been progressing smoothly to mitigate risks and keep renminbi exchange rates stable, effectively supporting domestic economic growth, Li said.

Li vows to boost support for real economy

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