Chinese Premier Li Keqiang pledged to continue reforms to attain the economic growth target of about 6.5 percent this year despite challenges ahead.
This was delivered in 2017 government work report at the opening meeting of the annual session of the National People’s Congress, China’s top legislature.
The target will help stabilize market expectations and facilitate the country's structural adjustments as well as help achieve the goal of building a moderately prosperous society in all respects by 2020.
Chinese Premier Li Keqiang delivers a government work report during the opening meeting of the fifth session of China's 12th National People's Congress (NPC) in Beijing, capital of China, March 5, 2017. (Xinhua/Li Tao)
Also Li reassured that China will work toward a deeper and higher level of opening up.
Li said, China will push ahead with the Belt and Road Initiative, for example, by accelerating the building of overland economic corridors and maritime cooperation hubs, and deepening international industrial-capacity cooperation.
China will also make big moves to improve the environment for foreign investors, including making service industries, manufacturing and mining more open to foreign investment, encouraging foreign-invested firms to be listed and issue bonds in China, and allowing them to take part in national science and technology projects.
Graphics shows key projected targets for development in 2017 written in the government work report at the 2017 annual session of China's National People's Congress. (Xinhua/Ma Yan)
