He called for efforts to better leverage the role of the capital market and accelerate the building of a nation with a strong financial sector to serve Chinese modernization.
Li made the remarks at a State Council study session that focused on further reforms of the capital market for steady and healthy development.
ALSO READ: China releases capital market guideline, urging tighter regulation, risk control
Since the 18th National Congress of the Communist Party of China in 2012, the capital market, a crucial part of modern financial system, has accelerated development, playing a key role in promoting optimal allocation of resources, supporting scientific and technological innovation, and promoting economic and social development, he said.