China finance minister says 'fully confident' in fending off systemic debt risks - Reuters

Comments from China's Finance Minister are crossing the wires via Reuters-

• China govt debt/GDP ratio at 36.2 pct in 2017, down from 36.7 pct in 2016
• There won't be big changes in China govt debt ratios in coming years
• China will strengthen controls on local government debt
• China will reasonably set debt quotas on local government debt issuance
• Fully confident that China is able to fend off systemic risks
• China will reasonably design property tax system
• China will push forward reforms on the division of central, local govt revenue, spending obligations
• No change in china's pro-active fiscal policy despite a cut in 2018 budget deficit/GDP ratio