China pledges more support to economy, urges "timely withdrawal in advance"

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China's economic situation has gradually improved and various indicators have pointed to marginal progress, said Vice Premier Liu He told a forum in Shanghai on Thursday.

The prudent monetary policy should be more flexible and China should strengthen counter-cyclical adjustments, said Liu, adding that the country will keep aggregate policy appropriate and keep liquidity reasonably ample.

At the same forum, Yi Gang, governor of the People's Bank of China (PBOC), said the country will maintain reasonable ample liquidity in the financial system in the second half of the year to help the . . .

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