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Domestic demand is key pillar of Chinese economy: Premier

Reporter: Xu Zhen 丨 CCTV.com

07-13-2016 15:00 BJT

Full coverage: China’s Leaders

Chinese Premier Li Keqiang said China’s economy is growing within a proper range with an increasingly balanced structure.

Li delivered the message this week during a meeting with experts and entrepreneurs, adding that effective macro-economic policies contribute a lot to economic growth. He also said that domestic demand is a key pillar of Chinese economy as the second quarter saw smooth growth.

Meanwhile, the country will continue to promote the new economy to foster future growth. In the future, China will continue to upgrade its economy,as well as to push forward the supply-side reforms.

Moreover, the country will streamline administration process, improve services to enterprises, reduce tax and leverage ratio, and expand employment. 

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