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China will keep monetary policy prudent, flexible and appropriate this year. It is widely expected that the People's Bank of China will further cut the reserve requirement ratio and the benchmark interest rate.
China will strive to make new strides in economic development during the period, according to a communique released after the session.

China will press ahead with pilot reforms of the rural collective property rights system nationwide, the document said.
China's Team Invictus Gaming celebrates winning the 2018 League of Legends World Championship in Incheon, South Korea, on Nov 3, 2018. [Photo/VCG]
China's A-share market is expected to generate higher-than-expected profits and see increased participation from foreign investors this year, as economic growth stabilizes in the country through further restructuring, experts said on Wednesday.
来源:资阳报