China will continue its proactive fiscal policy and prudent monetary policy as the economy is still moving in the expected direction, Premier Wen Jiabao said on Wednesday.

"We are confident that we can achieve the target set at the beginning of the year, with inflation still being under control," Wen said at the World Economic Forum in the northeastern port city of Dalian.

Inflation, Wen mentioned several times earlier, remains the top concern for the country's economy in the coming months.

But thanks to a number of measures taken by the government, the Consumer Price Index (CPI), a key gauge of inflation, rose 6.2 percent year-on-year last month, cooling from a three-year high of 6.5 percent in July, according to the National Bureau of Statistics (NBS).

China's central bank has raised interest rates five times and lifted banks' reserve requirement ratios (RRR) nine times since October.

Though China's GDP growth slowed down after the second quarter this year, Wen said that was a result of the government's tightening measures to bring inflation under control and was "within expectations."