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Policy makers should balance the competing aims of short-term, credit-fueled growth and long-term policy measures to increase the resilience of the financial system and to reduce and eventually reverse the growth of leverage in the economy, said Zhang Jun.
Following the APEC CEO summit, the Chinese president, along with other APEC leaders, held dialogue with representatives of the APEC Business Advisory Council, exchanging views on the new opportunities brought by the 19th CPC National Congress, the Belt and Road Initiative and other topics.
China has signed 32 MOUs with 28 developing countries on the donation of materials needed in battling climate change, including over 1.2 million energy-saving or solar-energy lamps, some 13,000 solar photo-voltaic power generating facilities, and over 10,000 clean stoves, among other donations. China also donated satellite monitoring facilities to help these countries with early warning of extreme weather.
He also cautioned that unstable and uncertain factors remained outside China, deep-rooted structural problems were still prominent in the Chinese economy, and that many risks could not be ignored.
A priority of the reform is to standardize various administrative approvals. Many of them will be canceled, while some others will be switched to simpler approaches.
来源：资阳报