China says to maintain active fiscal policy and prudent monetary policy

China will continue to carry out active fiscal policy and prudent monetary policy to fulfill its economic and social development goals of 2017, said Chinese President Xi Jinping during a meeting in Beijing on Tuesday, according to Xinhua News Agency.

China will continue to deepen its reform in areas key to the country, to boost its economic development through innovation, and to further release its domestic potential demand, Xinhua citedthe meeting as saying.

The meeting, attended by members of the Political Bureau of the Communist Party of China’s Central Committee, came as the country is preparing for its upcoming annual two meetings, the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), which will kick off  next week.

 The draft government report, which is to be submitted to the NPC meeting for approval, is discussed during the meeting.

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