China’s Premier Li: Economy had a good, stable start in 2016

By FXStreet Chinese Premier Li Keqiang says China’s economy has had a good and stable start in 2016, adding that there is huge room for development in central and western China.

Headlines via Reuters

China employment was stable in Jan-Feb

Says China survey-based unemployment rate about 5.1 pct, on par with same period last year

China’s energy intensity has decreased

China’s economic fundamentals remain strong

China needs to develop through greater openness

China has deep-rooted domestic problems

China is experiencing unavoidable and temporary problems in the process of upgrading the economy

China knows where the problems in its economy lie

China will continue and appropriately expand overall demand

High-speed economic growth is not sustainable

China’s target is to maintain medium to high levels of growth

Development is China’s top priority

China will pay attention to the quality and efficiency of economic growth

China’s 2016 growth target allows flexibility

Small fluctuations in growth are unavoidable

If china’s economic growth slips out of reasonable range, it will bring heavy risks

China will adopt resolute and comprehensive measures to ensure the economy will grow reasonably

China’s debt ratio is not high
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Source:: FX Street