China to maintain macroeconomic policy stance next year

China's government will continue the proactive fiscal policy and moderately easy monetary policy next year, the Political Bureau of the Communist Party of China (CPC) Central Committee agreed Friday.

Bureau members at a meeting chaired by Hu Jintao, general secretary of the CPC Central Committee, agreed the government would maintain continuity and stability in its macroeconomic policies.

More efforts would be made to improve the quality and efficiency of economic growth, to promote the expansion of the economic development pattern and structural adjustments, according to a statement released after the meeting.

The government would focus more on promoting innovation and reform and opening up, and enhance the momentum and vigor of economic growth, it said.

Source: Xinhua