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China remains the largest foreign buyer of US government debt. [Photo/VCG]
China will advance institutional social reforms this year, covering old-age pensions, public hospitals and healthcare. More efforts will be made to boost employment, increase people's income, eliminate poverty and reduce disparities in urban-rural development.
China will continually strengthen monetary and credit support to promote economic growth and limit the impact of the novel coronavirus outbreak while maintaining stable prices, the People's Bank of China, the central bank, said in its quarterly monetary policy report issued on Wednesday night.
China pursues a prudent monetary policy in a more flexible and appropriate way, according to this year's government work report.
China will continue its opening up policy and move at its own pace regardless of how the external environment changes, Hu stressed.
来源：资阳报