The Chinese central government pledged to further implement macro-economic control policy through curbing investment in fixed capital, improving land management and paying greater attention to grain production.

The State Council, the country's cabinet, held an executive meeting Monday to study the economic situation and make arrangements on economic work. Premier Wen Jiabao presided over the meeting.

The executive meeting said that China should further control the scale of bank loans, reform capital markets to protect the interests of investors, make efforts to stabilize the market and prices, deepen reforms in grain marketing, rural taxation, and financial sector. It also called for the reform of state companies, boosting private economy and opening wider to the outside world.

It also pledged to seriously resolve problems that are closely related to people's interests, such as employment and re-employment, low-income families, people affected by natural disasters, and social stability.

The meeting passed, in general, the draft of the Provisions on Internal Security of Enterprises and Institutions, which will be enacted by the State Council after further amending.