Business\Economy

Highlights of Premier Li's press conference

chinadaily.com.cn | Updated: 2017-03-15 10:37

Highlights of Premier Li's press conference

Premier Li Keqiang answers questions of reporters at a news conference during the annual two sessions in Beijing on March 15, 2017. [Photo by Xu Jingxing/chinadaily.com.cn]

Regional trade agreements

China always takes an open attitude to various regional trade agreements, and the country will seize any possible opportunity to improve the world economy through multilateral trading system.

But China will not overreach its regional influence to seek trade arrangements where the country's due role is not in place. More

Streamlining administration and delegating power

China will continue to lower market thresholds and create an environment of fair competition.

"We have the resilience to (push forward the streamlining) no matter what kind of problems or resistance we encounter."

Governments at all levels should integrate administrative services with the internet to make life easier for the public as well as encourage “law-abiding market entities” and give a green light to entrepreneurs and innovators. More

Korean Peninsula issue

China doesn't want to see "chaos at its doorstep".

China, a resolute champion of the international non-proliferation system, has been implementing related UN resolutions comprehensively and strictly, and has been sticking to solving the peninsula issue through talks and achieving the denuclearization of the peninsula.

Tensions on the peninsula, even in Northeast Asia, have the potential to spark conflict and harm all parties involved. More

Employment

The Chinese government will not allow massive unemployment, and China's economy is projected to see steady growth without the likelihood of a hard landing.

“A close look at the Government Work Report will show that we have set higher targets in 2017 for all major areas of economic and social development, which includes creating 1 million more urban jobs than in 2016.”

“Employment is of paramount significance for such a large country as China, which has more than 1.3 billion people. Employment is the foundation of economic development.”

For the past four years, China has been creating 13 million urban jobs a year, which has helped the country keep unemployment at a fairly low level. More