China’s Li: China would prioritize preventing financial risks

During a meeting met with International Monetary Fund (IMF) managing Director Christine Lagarde over the weekend, China's Premier Li Keqiang noted the following (via China’s state TV):

The People's Bank of China continue its prudent monetary policy

To maintain stability in the financial markets

Keep a balance between financial stability, gradual deleveraging & steady economic growth

China would prioritize preventing financial risks while moving towards a more market-based exchange rate

Will keep the Yuan at a reasonable and equilibrium level