Government won't resort to short-term stimulus, Li says

Growth under 7.5% acceptable so long as adequate employment exists

Premier Li Keqiang on Thursday dismissed speculation of major policy easing amid the current economic slowdown, saying the government will not opt for a massive short-term stimulus because of "temporary" volatility.

"A growth rate under this year's 7.5 percent target is acceptable so long as sufficient employment is ensured," the premier told guests at the opening ceremony of the 2014 annual conference of the Boao Forum for Asia in Hainan province.