Chinese Premier Urges Deeper Reforms | |||||||||||
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//english.dbw.cn 2015-10-16 08:39:13 |
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![]() Chinese Premier Li Keqiang speaks during a meeting attended by the heads of municipalities of Tianjin and Shanghai, provinces of Jiangsu, Zhejiang, Anhui, Hubei and Yunnan, as well as Guangxi Autonomous Region in Beijing, capital of China, Oct. 13, 2015. [Photo: Xinhua/Zhang Duo] Chinese Premier Li Keqiang has stressed deepening reforms and fostering new growth impetus to stabilize the Chinese economy. He made the remarks at a meeting attended by the heads of several municipalities and provinces. Premier Li stressed that China's economy is in the process of a shift from traditional growth methods to new engines, while the weakening old impetus intensified the downward pressure and new impetus is emerging. He added that there is great potential concerning investment in many different areas. "We should continue to promote some of the traditional impetus, and the space for our future investment is still quite big. Railway is a very typical example. There are many investment opportunities in projects in water conservation and road construction in central and west China, where the requirement for more investment exists." Premier Li added that industrial upgrades will be accelerated via combining the strategies of mass startups, Internet Plus and Made in China 2025. People-oriented urbanization and agricultural modernization will also be coordinated, and reform of state-owned enterprises and support for small businesses will be continued with better incentive mechanisms. Meantime, the initiatives of all-level governments, enterprises and common people have also been stressed. Premier Li said more rights will be given in the areas of local policymaking, capital management and pilot programs. |
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Author: Source:CRI Editor:Yang Fan |