BEIJING (Reuters) – China’s economy is showing steady recovery, but the situation remains severe both at home and abroad, state radio quoted premier Li Keqiang as saying on Monday.
The government would adopt a proactive fiscal policy and prudent monetary policy, the report quoted Li as saying. It would also ramp up credit supply and lower financing costs, it said.
(Reporting by Roxanne Liu, Lusha Zhang and Kevin Yao; Editing by Alex Richardson)
