China can forestall systemic risks: finance minister

2018-03-08 15:12:28

China is confident of fully forestalling systemic risks, the countrys financial minister said here Wednesday.

The countrys debt-to-GDP ratio has decreased to 36.2 percent by the end of 2017 from 36.7 percent in 2016, far below the so-called alert line of 60 percent internationally, Finance Minister Xiao Jie said at a press conference on the sidelines of the annual parliamentary session.