1st LD-Writethru: China stresses keeping prudent monetary policy more flexible, appropriate

BEIJING, Sept. 2 (Xinhua) -- The State Council, China's cabinet, on Wednesday stressed efforts to pursue a prudent monetary policy in a more flexible and appropriate way in order to promote steady economic and financial operation.

It emphasized the need to maintain policy strength and sustainability, refrain from resorting to a deluge of strong stimulus policies, and channel funds into the real economy, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.