NDRC to rev up new growth engines: minister

Xu Shaoshi, minister of the National Development and Reform Commission, or NDRC, waves towards attendees before taking questions from journalists during a news conference on March 5. [Wei Xiaohao / chinadaily.com.cn]

The National Development and Reform Commission (NDRC) sets out major economic and social development tasks in 2015 in a work report released at a press conference on Thursday.

Xu Shaoshi, minister of the NDRC, said the ministry will carry out work to boost domestic demand to give a stronger impetus to economic growth and accelerate economic structural reforms.

Talking about the economic situation and macro-economic control at the conference at the two sessions, Xu said the ministry will deepen reform of government review and approval and press ahead with reforming companies and fiscal and tax systems. The ministry will also ensure better financial services for the real economy and deepen reform of investment and financing system, price reform and the reform of rural and land system.