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    Economy

    Economy has stabilized: Premier Li

    1
    2015-06-18 09:17Global Times Editor: Li Yan

    China will make efforts to keep the economic growth at a medium-to-high pace, Premier Li Keqiang said Wednesday during a meeting with Chairman of the World Economic Forum Klaus Schwab.

    A batch of economic indicators such as industrial output, investment and consumption have been stabilizing since May, after Chinese authorities streamlined government administration and encouraged mass entrepreneurship and innovation, Li said.

    China will continue to transition its development pattern and adjust its economic structure to maintain a medium-to-high economic growth rate, he noted.

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