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'Prudent' path for economic policies

By Li Xiang and George Ng | China Daily | Updated: 2011-12-10 08:03

'Prudent' path for economic policies

Experts expect easing process will be carried out gradually

BEIJING / HONG KONG - Chinese leaders pledged on Friday to maintain the country's prudent monetary policy, despite expectations that the easing of inflation would lead to a more growth-oriented stance.

The country will "ensure stable and relatively fast economic growth, while adjusting the economic structure and regulating inflationary expectations next year", the Political Bureau of the Communist Party of China Central Committee, the country's top decision-making body, announced on Friday.

'Prudent' path for economic policies

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