Reuters reports that central bank Governor Yi Gang said that China's monetary policy will continue to support economic growth and the central bank will watch debt and non-performing loan risks.

Yi said China's macro policies will focus on maximising employment, which will help boost consumption, and China's exports will remain pretty good this year.

"Monetary policy will continue to prop up the economy, but at the same time we will watch for the risks. We will keep a delicate balance between supporting economic recovery, at same time preventing risk," Yi said.

"One risk is the macro leverage ratio of China increased somewhat last year, the second risk is non-performing loans that are growing, and we also look at external risks, which is look at the capital flow situation.