China will continue to prioritise stability and focus on improving residents’ well-being in more practical aspects. Read more at straitstimes.com.
BEIJING - Hitting this year’s economic growth target will not be easy, given the high base of China’s current vast economic output, said new Premier Li Qiang in his first remarks to the media on Monday.has set a modest growth target of around 5 per cent“To achieve around 5 per cent growth on such a high base is not an easy task, and it would require redoubled efforts,” said Mr Li on the closing day of the annual parliamentary meetings.
In its next phase of economic growth, China will continue to prioritise stability and focus on improving residents’ well-being in more practical aspects, he added. Mr Li’s comments come as China’s growth has been slowing in recent years, stabilising from the double-digit growth that it had become known for in its early days of opening up in the 1980s.
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PM Lee congratulates Li Qiang on being appointed China’s new premier“I am confident that our bilateral relations will continue to flourish in the years ahead,” he said in his letter to Mr Li. Read more at straitstimes.com.
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