China has ample tools to support its economy and is experienced in dealing with different types of risk, Chinese Premier Li Keqiang said on Wednesday.
Mr Li said in a meeting with Jim Yong Kim, president of the World Bank, that the Chinese economy was operating “within a reasonable range”, Chinese state-run broadcaster CCTV reported.
“Despite a slowdown in the world’s economy and international trade, as well as volatilities in the financial market, China has achieved proactive progress in its [economic] restructuring,” Mr Li said.
He pledged China would maintain a “proactive fiscal policy and prudent monetary policy”.
China’s economic growth stood at 6.9 percent in 2015, the country’s lowest annual expansion rate in 25 years.