
Premier Li Keqiang on Wednesday called for a "full stop" to hard-landing predictions on the Chinese economy, saying the country is capable of maintaining medium-high growth for a long time to come.
"China's economic performance in the past few years should suffice to put predictions of a hard landing to a full stop," Li said at a press conference following the conclusion of the annual legislative session.
Instead of resorting to massive stimulus, China has innovated macro-control approaches, upgraded industrial and consuming patterns and fostered new growth sources to keep the economic running in a proper range, Li said.
More importantly, China has created over 50 million urban new jobs in the past four years, Li noted.
For the long run, China's economy will continue to enjoy medium-high growth and be upgraded to higher levels, he added.
Li also admitted the challenges and difficulties in deepening reforms, vowing to further streamline government administration to curb "arbitrary use" of power. Enditem
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses