国内英语新闻:Chinese vice premier on financial work, risk prevention

BEIJING, Sept. 10 (Xinhua) -- China's financial sector should better serve the transformation of economic growth pattern in the country while keeping high alert on possible risks, Vice Premier Wang Qishan said Friday.

Wang said the financial sector should give full play to monetary policies and continue to optimize lending structures to boost weak points like agricultural sectors, small enterprises and innovation.

Lending to sectors with excessive energy consumption, high emission of pollutants, or with overcapacity, must be strictly limited, he told a group of provincial or ministerial-level officials who attended a training seminar in Beijing.

The seminar closing on Friday focused on how to promote the reform of financial sector in China while guarding against financial risks, which Wang said was highly necessary considering current situation.

Wang urged officials at various levels to continually learn to upgrade their knowledge and working abilities in the financial sector.

As China's financial sector was still in an initial growth phase, it should unswervingly boost reforms and its opening-up, promote mechanism innovation and complete the development of the financial market system, he said.