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China's central bank said on Tuesday that it will maintain a prudent monetary policy and fulfill its responsibilities at the new financial stability committee to resolve risks and improve regulation coordination.
China's bolstering of defenses on the Nansha Islands in the South China Sea will ensure regional peace and security and does not target any country, the Ministry of National Defense said on Tuesday.
China would like to cooperate with Western countries, including the US, to strengthen communication, dialogue and cooperation in intellectual property rights protection and work together to crack down on all kinds of infringement and create a good business environment, he said.
China's GDP growth reached 6.9 percent in the second quarter of this year, and it may ease moderately in the second half, but there would not be any "hard landing", he said. "Economists generally agree that the Chinese economy has dropped to the lower band of the L-shaped trajectory; I think it is still possible that growth may continue to fluctuate and even further drop a little bit, but there would not be the danger of an economic hard landing."
China willing to expand two-way opening-up, deepen win-win cooperation, premier says
来源：资阳报