The economy is not heading for hard landing and the country will see reasonable growth, says head of National Development and Reform Commission.
China will not abandon its ambitions for growth, although it will not pursue GDP single-mindedly, Premier Li Keqiang told lawmakers at the National People's Congress on Sunday.
Facing downward risks, volatile securities and sluggish manufacturing, China is exploring a new approach to rein in a slowdown and restructure the economy.
Premier Li Keqiang called for new momentum to promote economic growth Sunday, saying China has the ability to meet its economic and social targets.
President Xi Jinping warned against "Taiwan independence," saying that national secession should not be repeated.
China's significant foreign reserves reduction largely went to its citizens and companies, central bank deputy governor Yi Gang said.
China's top legislator Zhang Dejiang said Sunday the central authority will act strictly in compliance with the Constitution and the respective Basic Law of Hong Kong and Macao.
Leng Xinsheng, an NPC deputy from Suqu County in the south of the central province Jiangxi, had some worries before coming to the fourth session in Beijing. The deputy wondered how the government could ensure employment amidst enduring downward economic pressure, whether the government would spend less on people’s wellbeing ,would enterprises face more tax burden, and would the level of funds for shaking off poverty be lower?
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