China vows stable growth, inflation management

SHANGHAI (AP) — China’s leaders have wrapped up an annual economic planning meeting with a pledge to keep growth on track while better handling inflation and other potential destabilizing troubles.

The vow Sunday to keep the economy on an even keel came a day after the government reported that inflation surged to a 28-month high in November, despite efforts to counter speculation and increase food supplies.

A brief statement by the official Xinhua News Agency announced the end of the conference, held each year in early December, but gave no details. It said the government would keep policy flexible, proactive and prudent while trying to keep a balance between fast growth and stability.

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