China will step up efforts to stabilise growth - vice state planner head
BEIJING, Sept 24 (Reuters) - China will step up efforts to stabilise economic growth, Ning Jizhe, a vice head of the state planner, said on Tuesday, adding that authorities will speed up construction of investment projects and relax restrictions on auto purchases.
Ning made the comments in a briefing ahead of the 70th anniversary of the People's Republic of China.
At the same briefing, central bank governor Yi Gang reiterated that China would maintain a prudent monetary policy stance and would not resort to "flood-like" stimulus.
(Reporting by Kevin Yao Editing by Shri Navaratnam)
Terms and Privacy Policy