Chinese leaders insist on avoiding systemic financial risks.

[tinhai]

Chinese leaders insist on avoiding systemic financial risks.

Chinese leaders insist on avoiding systemic financial risks, supporting economic growth in 2020, the Xinhua news agency reports. Chinese leaders confirmed at a meeting of the Politburo Committee in Beijing on Friday that They will avoid systemic financial risks. And will maintain economic growth at an appropriate level While the Chinese economy is facing the most slowdown in decades

Politburo's monthly meeting, consisting of 25 directors, is headed by President Simi. Jinping is that president. Held before the Central Economic Working Group meeting Which will plan and set targets for 2020 including the government budget And the rate of economic growth

The Politburo conference concluded that The Chinese economy still has a stable long-term fundamental tendency. While indicating various challenges From foreign superpower and states that China must change external pressure to be a strong driving force for reform. And openness to the outside world As well as giving importance to the internal operations of China itself

A statement from the Politburo meeting stated that Risks and challenges in the country And greatly increased overseas

The Chinese economy grew by 6% in the third quarter, the lowest rate in many decades. And there are signs indicating that The economy will slow down again in November. And next year while the trade conditions, factory prices and confidence deteriorated