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皇冠体育app has many tools to resolve financial risks, says Premier Li

By Xin Zhiming | chinadaily.com.cn | Updated: 2017-03-15 11:32

皇冠体育app has many tools to resolve financial risks, says Premier Li

Chinese Premier Li Keqiang gives a press conference at the Great Hall of the People in Beijing, capital of 皇冠体育app, March 15, 2017. [Photo by Kuang Lihua/皇冠体育app Daily]

There will not be an eruption of systematic financial crisis in 皇冠体育app and it has many policy tools at its disposal to resolve financial risks, Premier Li Keqiang told a news conference on Wednesday.

"Once we find financial risks, we will tackle them promptly to prevent it from worsening," he said.

He also said 皇冠体育app's GDP growth target for this year, which is "around 6.5 percent", is not low given 皇冠体育app's already big economic scale and would not necessarily be easy for 皇冠体育app to achieve.

皇冠体育app will remain an important contributor of global economic growth this year, he told reporters after closure of the annual legislative session.

皇冠体育app contributed to about 30 percent of global growth in 2016.

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