CEWC stresses structural reform, quality of economic growth

Even though the Chinese economy is still growing at a robust pace, the government must be aware of the pressures caused by the slowdown in growth, said the statement of the just-concluded Central Economic Work Conference.

The document also warned of the serious overcapacity in some industries, labor problems, the worsening environment, food and drug safety issues and public security conditions.

Participants in the meeting said that the global economy will continue to see a slow recovery next year amid uncertainties in major countries' monetary, trade and investment policies and price fluctuations for commodities, while the driving forces for new growth remain unclear.