Premier Li Keqiang says China’s economy is stable and operating within a reasonable range with most major economic indicators on the rebound.
Premier Li spoke about the economy during a meeting on July 16 with World Bank President Jim Yong Kim in Beijing.
Li said with progress in job creation, increased domestic demand and industrial structure adjustments, China’s targeted fine-tuning and reforms are increasingly effective. He also said that major economic indicators have picked up in the world’s second-largest economy and China can ensure expectations of stability in the markets.
The premier also said that China can improve its economic growth to a medium-to-high level in the long run.