China's Hu says to seek domestic growth, FX reform

Published 11/12/2010, 09:31 PM
Updated 11/12/2010, 09:32 PM

YOKOHAMA, Japan, Nov 13 (Reuters) - China will seek to expand domestic demand growth and remains committed to reforming its exchange rate, President Hu Jintao said on Saturday, following months of friction over Beijing's exchange rate policies.

Hu told a business forum in Japan that China "will make vigorous efforts to establish lastingly effective means for expanding domestic demand, especially consumer demand."

(Reporting by Chris Buckley; Editing by Ed Davies)

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