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Business / Economy

Li stresses flexibility in 'reasonable growth range'

By Zheng Yangpeng (chinadaily.com.cn) Updated: 2014-04-10 11:46

China's top economic priority is to maintain a "reasonable growth range", and the government will not roll out a strong stimulus package in response to short-term volatility, Premier Li Keqiang said at Thursday's Boao Forum for Asia 2014.

Li said this year's official growth target of "about 7.5 percent" means flexibility is allowed.

"A 'reasonable growth range' means it is OK to be either a little higher or lower than that, as long as sufficient employment is ensured and there is no major volatility," Li said.

He also said the government could adopt "targeted" or "differentiated" policies at appropriate times.

The Chinese government has enough policy scope to keep the growth within a reasonable range, Li said.

Li stresses flexibility in 'reasonable growth range' Li stresses flexibility in 'reasonable growth range'

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