Head of the National Development and Reform Commission of the People's Republic of China (NDRC)

  • says China faces more difficulties in achieving stable and healthy economic development
  • China needs more efforts to achieve growth targets in consumption, outstanding social financing, disposable income
  • China will keep liquidity reasonably ample
  • Says China will expand effective domestic demand
  • Says will control intensity and pace of deleveraging
  • will resolutely curb rises in property prices
  • will prioritise stabilising employment
  • will closely watch price changes and market demand of important products

NDRC is the 'state planner'