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China unveils mini stimulus to boost slowing economy

China has announced a set of steps to boost slowing growth in the world's number-two economy, including extending tax breaks for small businesses and support measures for poor urban districts. The State Council, China's cabinet, announced the mini stimulus late Wednesday after a meeting chaired by Premier Li Keqiang. Anticipation has been building recently for some kind of action following a string of disappointing economic indicators, including on industrial production and consumer spending.

China aims to shore up growth with mini stimulus targeting small firms, railways, housing

HONG KONG - China's leaders have unveiled a mini-stimulus aimed at shoring up sputtering growth in the world's No. 2 economy. Under the batch of measures announced by Premier Li Keqiang, small businesses will get bigger tax breaks, social housing will be built to replace shantytowns and railway construction will be sped up. Li, China's top economic official, announced the new measures on Wednesday evening after a regular meeting of the State Council, China's cabinet.

China Premier Li says prepared for economic volatility this year: Xinhua

BEIJING (Reuters) - China has the policies in place to deal with any economic volatility this year, Premier Li Keqiang was quoted by state media as saying, a sign of the latest official stance on bolstering the economy. In a speech to a forum in China's northeast made on Wednesday and reported by the Xinhua news agency early on Friday, Li also said the government would roll out targeted measures step by step to aid the economy.

China Premier Li says to rely more on market to boost growth: media

BEIJING (Reuters) - China should rely more market forces than macro tools to develop the economy, Chinese Premier Li Keqiang said in remarks published on Thursday, state radio reported. He also repeated that the government should let the market to play a decisive role in allocating resources. Li made the comments on Wednesday during a visit to the northeastern Liaoning province. (Reporting by Aileen Wang and Kevin Yao)

China premier says environment protection will spur growth

BEIJING (Reuters) - Chinese Premier Li Keqiang said on Sunday that efforts to improve the country's environment would create new business opportunities, state news agency Xinhua reported. "Environmental work and economic expansion shall be coordinated, because reducing production capacity creates huge business potential for new, green industries," Xinhua cited Li as telling a meeting.

China Premier says to keep economy growing at a reasonable rate

BEIJING (Reuters) - China will keep economic growth at a reasonable rate while keeping inflation stable, state radio quoted Premier Li Keqiang as saying on Wednesday. Li also told a regular meeting of the State Council, or the cabinet, that China will continue to push forward reforms. China's economy slowed markedly in the first two months of the year, with growth in investment, retail sales and factory output all falling to multi-year lows. (Reporting By Xiaoyi Shao and Koh Gui Qing; Editing by Kim Coghill)

China premier vows to get tough on corruption, pollution

Beijing, Mar 13 (EFE).- Chinese Premier Li Keqiang vowed Thursday at the close of the annual session of the National People's Congress that his government would crack down harshly on corruption and pollution. Li, who like President Xi Jinping is wrapping up his first year in office this week, told a press conference that his government would show "zero tolerance" for corruption.

China premier vows to get tough on corruption, pollution

Beijing, Mar 13 (EFE).- Chinese Premier Li Keqiang vowed Thursday at the close of the annual session of the National People's Congress that his government would crack down harshly on corruption and pollution. Li, who like President Xi Jinping is wrapping up his first year in office this week, told a press conference that his government would show "zero tolerance" for corruption.

Chinese leader vows to safeguard territory for future development

Chinese Premier Li Keqiang on Thursday renewed his "unshakable will" in safeguarding the country's territorial integrity for its future prosperity, increasing the likelihood of no dramatic improvement anytime soon in Sino-Japan relations. Li said China's "commitment in pursuing peaceful development" and "unshakable will in safeguarding China's sovereignty and territorial integrity" are both needed "for the sake of upholding stability and creating a favorable environment for its development."

China's premier says Beijing flexible on growth target so long as jobs, reform goals met

BEIJING, China - China will keep this year's economic expansion strong enough to create new jobs but will emphasize market-opening reform and cleaning up smog-choked cities over hitting its official growth target, the premier said Thursday. Li Keqiang's comments reinforced the ruling Communist Party's pledge to shift to cleaner, more sustainable growth based on domestic consumption and service industries instead of trade and investment.
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