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Having said all this, we should not lose sight of the downward pressure the Chinese economy still faces. To keep the economy stable, we need to not only maintain aggregate demand, but also speed up supply-side structural reform to improve the quality and efficiency of the supply system. Now, there is certain talk about risks in China's debts and the property market. These issues should be viewed objectively and put into perspective. The debt risk in China is controllable overall. The main problem now is unbalanced debt structure. China's government debt ratio is relatively low among major economies with merely 16 percent for the central government. Though the ratio at the local levels is higher,borrowing by local governments is getting better regulated, and used mainly for development, rather than welfare handouts. Most debts are asset-backed and generate returns. The problem with leverage mainly lies in relatively high leverage ratio in non-financial companies. This is closely related to fledgling and not mature state of China's capital market, high propensity to save with the savings rate above 50 percent, and a financing structure with banks in a predominant position. China's debts are mostly internal and the share of external debts is low. Hence the likelihood of debt risk is also small. Our monetary policy is prudent, ensuring reasonably sufficient liquidity. And the commercial banks have high capital adequacy ratio and provision coverage ratio. Their non-performing assets ratio, despite some increase, is far below the world's average. They have strong ability of risk compensation and loss absorption. Going forward, we will gradually bring down non-financial corporate leverage ratio and address hidden risks by developing multi-tiered capital markets, raising the share of direct financing and promoting corporate mergers and restructuring.
To address economic challenges, Xi proposed that the BRICS countries advance structural reforms, innovate growth patterns, and build up an open economy.
NAY PYI TAW, Sept. 26 (Xinhua) -- China wishes sound and stable development of relations with Myanmar and ever lasting Paukphaw (fraternal) friendship, Chinese Ambassador Hong Liang told a reception given by him to mark the 67th anniversary of the founding of the People's Republic of China, which will be on Oct. 1.
Mongolian economists and public figures believe the Belt-Road Initiative will offer more export opportunities for Mongolia to boost its logistics and transportation between China and other countries through its territory.
Cuban state media paid close attention to Premier Li's visit,highlighted his visit to Havana with photos and reports. Ordinary also Cubans had plenty to say about the visit.
来源：资阳报