Chinese premier confident in economic growth
                 English.news.cn | 2014-07-07 15:14:20 | Editor: Yang Yi

CHINA-BEIJING-LI KEQIANG-MERKEL-PRESS CONFERENCE (CN)
Chinese Premier Li Keqiang (R) and German Chancellor Angela Merkel meet the press after their talks in Beijing, capital of China, July 7, 2014. (Xinhua/Wang Ye)

BEIJING, July 7 (Xinhua) -- Chinese Premier Li Keqiang said Monday that China can keep its economic growth within a reasonable margin.

During a joint press briefing following his talks with visiting German Chancellor Angela Merkel, Li said that in the second quarter of this year, China's economic conditions had improved from the first quarter. But he warned against the risks of a slowdown, saying the country cannot be complacent on this issue.

Li outlined areas that the Chinese government will focus on to maintain a stable economic growth.

China will continue to stimulate the vigor of the market, he said, adding it will increase the efficiency of supply, especially in provision of financing for small businesses and reducing red tape.

In the coming months, China will continue to strengthen preemptive fine tuning of its economic policy and carry out "targeted controls," according to the premier.

"We have the conditions and capability to continue to keep the Chinese economy running within a reasonable margin and achieve the goal of economic growth for the whole year," Li said.

He noted that since the beginning of this year, world economic recovery has endured a complex situation with both good news and bad news arising, and that "China's economy is also faced with the pressure of slowing down."

However, he said the Chinese government refrained from adopting a full-scale stimulative policy, but instead worked on the basis of maintaining growth within a reasonable margin.

The government has put special efforts in pushing forward reform and opening up to the outside world, overhauling the government approval system, improving business registration procedures and relaxing controls on market entrance, he said.

By implementing policies to stabilize growth, promote reform, readjust the economic structure and improve people's livelihood, China has maintained a stable growth in the economy, according to Li.

In the first quarter, China's GDP growth stood at 7.4 percent, while employment and inflation indices were in a healthy range.

Related:

Chinese premier stresses targeted controls

CHANGSHA, July 4 (Xinhua) -- Chinese Premier Li Keqiang on Thursday demanded more attention to targeted controls while keeping the country's economic growth within a proper range.

Targeted controls aim to tackle problems in key sectors and weak links, relying more on market power and reforms, and are meant not only to stabilize economic growth, but also to adjust economic structure, Li said.Full Story

分享
China's current economic growth normal: expert
Chinese Premier stresses innovation-driven economic upgrading
China to strengthen media cooperation along Silk Road Economic Belt
China-Britain economic cooperation has great potential for development: ambassador
China Voice: More economic interactions needed in China-Russia relations
People mourn martyrs at Changchun Museum to mark start of anti-Japan war
People mourn martyrs at Changchun Museum to mark start of anti-Japan war
Plane sprays nutrient solution on wheat in NE China
Plane sprays nutrient solution on wheat in NE China
China's top 7 Danxia landforms
China's top 7 Danxia landforms
Chinese premier holds talks with visiting German chancellor
Chinese premier holds talks with visiting German chancellor
Military helicopter crashes in Hanoi
Military helicopter crashes in Hanoi
11th Nepal-India Bilateral Consultative group meeting held in Nepal
11th Nepal-India Bilateral Consultative group meeting held in Nepal
Boeing 737 fuselages damaged in train derailment in U.S.
Boeing 737 fuselages damaged in train derailment in U.S.
New Zealand "understands" Japan's reinterpretation move: Japanese PM
New Zealand "understands" Japan's reinterpretation move: Japanese PM
Back to Top Close
010020070750000000000000011100001334658741