China's economy recovering but hard battle ahead, says Premier

Children wearing masks to curb the spread of the coronavirus sit on a bench in Beijing, China on Monday (July 13, 2020). China reported only a handful of new cases of the virus, all of them brought from outside the country, as domestic community infections fall to near zero. - AP

BEIJING, July 13 (Reuters) - China's economy is showing steady recovery, but a hard battle still lies ahead as the situation remains severe both at home and abroad, state radio quoted Premier Li Keqiang as saying on Monday.

The government would continue to adopt a proactive fiscal policy and prudent monetary policy, Li was quoted as saying, pledging to cut taxes and ramp up credit support for firms.