Chinese Premier Wen attends the ASEAN- China Commemorative Summit in Nusa Dua on the Indonesian island of Bali
Chinese Premier Wen Jiabao attends the ASEAN-China Commemorative Summit on the sidelines of the ASEAN and Related Summits in Nusa Dua on the Indonesian island of Bali November 18, 2011. REUTERS

(Reuters) -- China's Premier Wen Jiabao said the nation's government debt is at an overall safe and controllable level, and the government will ensure funding for key projects and avoid applying the breaks in a way that could increase systemic risks.

Wen made the comments in a speech reported in the official People's Daily on Monday, in which he also vowed to break monopolies against private capital participation in the financial sector.

(Reporting by Chris Buckley; Editing by Ed Davies)

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