China's Economy Improving, More Reforms Planned: Central Bank Chief

China's economy and property market have shown signs of improvement recently, according to central bank chief Pan Gongsheng.

Pan said indicators like industrial production and services activity showed the economy trending positively.

He said China's local government debt risks are manageable overall.

The country will aim to improve conditions for private firms, attract foreign investment, and stabilize trade.

On global issues, Pan said China played an active role in debt talks with low-income nations and hopes IMF reform gives developing countries more voice.