China’s Premier Li: High-quality economic development is an intrinsic requirement of modernization

Dhwani Mehta FXStreet

Xinhua News Agency reported remarks from Chinese Premier Li Qiang delivered at a State Council study session on Sunday.

Key takeaways

“Efforts should be made to improve our ability to pursue high-quality development.”

“High-quality development is an intrinsic requirement of Chinese modernization.”

“Should steadfastly deepen reform and opening-up.”

Market reaction

At the time of writing, AUD/USD is little changed at around 0.6690, as investors trade with caution in a data-packed week ahead.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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