Economic task await China in 2010

The central government has vowed to continue its fiscal and monetary policies next year, while improving the quality of economic growth. China's annual economic strategy meeting concluded with calls to ensure the country's recovery from the global downturn.

China's leaders pledged on Monday to push forward the transformation of its economic growth pattern, while maintaining stable and comparatively fast development next year.

Officials attending the three-day Central Economic Work Conference agreed that the global financial situation has added to the nation's urgency in adjusting its economic growth concept. Many economists say the current model is excessively dominated by state-led industries at the expense of consumer demand.

The meetings outlined six major tasks for economic work in 2010.

They are: Improving macro-regulation to ensure stable and relatively fast economic growth. Advancing economic structure adjustments to lift developmental quality and efficiency. Boosting rural growth momentum. Deepening reform and opening-up to enhance developmental momentum and vigor. Promoting stable export increases and improving people's livelihood while maintaining social stability.