China able to maintain balance while reducing risk, premier tells IMF chief

China is capable of maintaining financial stability and will strike a proper balance - reducing leverage rates while sustaining economic growth - and the government's top priority will be preventing financial risk, Premier Li Keqiang said on Sunday.

Li made the remark in a meeting with Christine Lagarde, managing director of the International Monetary Fund, who is in Beijing to attend the two-day Belt and Road Forum for International Cooperation, which started on Sunday.

Li expressed China's willingness to enhance its policy communication with the IMF, advocating a more globalized economy and fostering international trade and investment.