Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

PBOC Adviser Li Says China Must Keep Policy Stable, 21st Reports

July 16 (Bloomberg) -- China central bank adviser Li Daokui said the government must keep its macroeconomic policies stable in the second half of this year, the 21st Century Business Herald reported today.

Li said he doesn’t support changes in monetary policy, the newspaper reported. China’s trade surplus won’t continue to grow in the second half, the report cited Li as saying. The nation should also remain alert on inflation in the second half, Li was cited as saying.

China’s economy may grow about 10.2 percent this year, the newspaper cited Li as saying. During the next decade, China’s economy will preserve a growth of more than 9 percent, the report cited Li as saying. China in the long term should maintain a tight monetary policy and loose fiscal policy, Li was cited as saying.

Link to Company News:{PBCZ CH <Equity> CN <GO>}

To contact the reporter on this story: Zhe Huang in Beijing at zhuang37@bloomberg.net

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.