China's Premier says to intensify fiscal policies
BEIJING, Feb 29 (Reuters) - China's Premier Li Keqing reiterated that the country will intensify fiscal policies during a meeting with U.S. Treasury Secretary Jack Lew on Monday.
The premier also said China will properly handle unemployment issues, according to vice finance minister Zhu Guangyao, who gave a briefing on the meeting in Beijing.
Lew reiterated that it was critical that China continue to move toward a more market-determined exchange rate in an orderly manner, and said that the U.S. supported China's commitments and efforts in this area, according to a transcript of prepared remarks ahead of the meeting with Li, issued by the U.S. Treasury Department.
(Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)
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