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People's Daily Online>>China Business

China to continue proactive fiscal policy, prudent monetary policy

(Xinhua)

15:36, February 20, 2012

BEIJING, Feb. 20 (Xinhua) -- Senior leaders of the Communist Party of China (CPC) agreed on Monday China shall continue proactive fiscal policies and prudent monetary policies in 2012.

It was revealed by a statement issued after a meeting held Monday. The meeting, attended by members of the Political Bureau of the CPC Central Committee, was held to discuss a draft report submitted by the central government to China's top legislature's annual session scheduled for next month.

China shall continue to implement proactive fiscal policies and prudent monetary policies in 2012, while the policies could be adjusted slightly in accordance with the changes of the situations to make them more targeted, more flexible, and more forward-looking, the statement said.

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