China Premier Li: Will introduce new measures to boost private investment - Xinhua

China’s Premier Li Keqiang is on the wires now, via Xinhua, noting that China will step up reform measures to boost private investment and business.

Key Quotes (via Reuters):

“Our economy is showing a stable performance with good momentum for growth. Facing new circumstances and new challenges, we should step up reform, pay attention to emerging problems, plan ahead, and fine-tune policies as necessary to make sure that the economy performs within a proper range.”

“The potential of consumption as a driver for growth needs to be further unlocked. At the same time, more efforts need to be made to reduce business costs, support export, and make better use of foreign investment.”