China will enhance and improve macro-economic regulation to ensure stable and healthy economic development next year, said a statement released Sunday after the annual Central Economic Work Conference.
Next year's macro-regulation should basically be proactive, stable, prudent and flexible, the statement said.
The focus will be better handling the relationship between stable and relatively fast economic development, economic restructuring and inflation expectations in an active and stable way, it said.
Participants in the three-day conference, one of China's most important economic-policy-making events, agreed to exert more efforts to keep prices stable next year.
They also agreed to accelerate the strategic transformation of the economic development pattern in order to make economic development more coordinated, sustainable and reliant on the domestic economy.
China's economy grew by 9.6 percent year on year in the third quarter this year, slowing from the 10.3-percent increase in the second quarter and 11.9-percent surge in the first quarter.
Inflation picked up to a 28-month high of 5.1 percent in November, as bank lending looked certain to exceed the 7.5-trillion-yuan full-year target the government set at the start of the year.
Similarly, growth in the broad money supply (M2) - cash in circulation and all deposits - will surpass the government's full-year target of 17 percent.
(Xinhuanet/VOVNews)
