360° Coverage : China confident of meeting economic targets: Li

China confident of meeting economic targets: Li

Beijing, Oct 1 (IANS) Chinese Premier Li Keqiang Monday reaffirmed the nation's confidence in achieving its goals for economic development in 2013.

Sep 30 2013, 5:38pm CDT | by IANS

China confident of meeting economic targets: Li
Photo Credit: , Getty Images

Beijing, Oct 1 — Chinese Premier Li Keqiang Monday reaffirmed the nation's confidence in achieving its goals for economic development in 2013.

Addressing a reception held to mark the 64th anniversary of the founding of the People's Republic of China, Li said: "We have the confidence, conditions and ability to meet the main targets projected for our economic and social development this year."

"This year marks the first year in fully implementing the spirit of the 18th National Congress of the Communist Party of China (CPC), reported Xinhua citing Li.

He said China had taken the transformation of government functions as a breakthrough point in deepening reform.

Various measures have been taken to properly handle the government's relationship with the market and society, release the dividends of reform and galvanise dynamism in the market, the internal driving force for development and the creativity of the general public, he said.

Li said a holistic approach had been adopted to strike a balance between maintaining growth, readjusting economic structure and promoting reform.

According to the Chinese premier, a series of policy measures have been carried out to serve both the immediate and long-term needs of development.

"We have kept our macro policies stable, innovated in adjustment methods, and effectively guided market expectations," he said, adding that the Chinese economy has shown good momentum for further growth.

China is currently at a crucial stage for economic readjustment and upgrading and still confronted with many challenges. There is still a long way to go before modernisation is achieved, he said.

The premier vowed that China would accelerate its shift in growth model, intensify economic restructuring, and upgrade the national economy.

IANS

Source: IANS

 
 
 

blog comments powered by Disqus

Latest stories

Hundreds of Migrant Bodies Found in Malaysian Mass Graves
Hundreds of Migrant Bodies Found in Malaysian Mass Graves
Contrary to previous official Malaysian statements, human traffickers and migrant bodies have been discovered near detention camps. International pressure mounts as the truth is revealed to the world.
 
 
Hillary Clinton Talks SCOTUS Nominees
Hillary Clinton Talks SCOTUS Nominees
The presidential-hopeful told a group of supports what she's looking for in potential SCOTUS nominees.
 
 
Bill Clinton Tells His 3 Conditions to David Letterman for Moving Back into Whit
Bill Clinton Tells His 3 Conditions to David Letterman for Moving Back into White House
Bill Clinton is ready to move back into the White House if asked!
 
 
Martin O’Malley to Announce Presidential Bid on May 30 in Baltimore
Martin O’Malley to Announce Presidential Bid on May 30 in Baltimore
The erstwhile Governor of Maryland, Martin O’Malley is to make a crucial announcement regarding his bid for president in the 2016 runups on May 30th.