China has room to manoeuvre monetary policy - party official

BEIJING (Reuters) - China has no apparent inflation or deflation at the moment, and it has a relatively large amount of room to manoeuvre monetary policy, a senior Communist Party official said on Saturday.

China is confident of reaching the annual economic growth target of around 5%, Han Wenxiu, deputy head of the party's office for financial and economic affairs, said at a China Development Forum in Beijing.

(Reporting by Winni Zhou, Ethan Wang, Xu Jing and Ryan Woo; editing by Robert Birsel)