CHINA will continue to implement its proactive fiscal policy in 2011 and balance steady and relatively fast economic development, restructuring the economy and managing inflation expectations better, Finance Minister Xie Xuren said yesterday.

Xie, speaking at a national finance work conference, said finance departments across the country should focus more on stabilizing overall commodity prices next year to promote stable and relatively fast economic development and maintain social stability.

He called for more efforts to boost domestic consumption. "The country will continue the reform in income distribution systems and strive to increase residents' incomes, especially those with lower salaries to boost people's consumption power," Xie said.

China should keep the fiscal deficit and government-led investment at a reasonable level in 2011, he said. Tax policy will be improved to let it play a larger role in adjusting income distribution while reducing income inequalities.