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Premier Li Keqiang said Monday that China strives for higher quality
and efficiency in stable economic growth, which requires sufficient
employment, continued growth in income, and environmental improvements. Li met representatives of overseas attendees to the China Development
Forum 2021 via video link in Beijing. When answering a question about
China's growth rate and quality, Li said setting the 2021 growth target
of over 6 percent is for consolidating the foundation for economic
recovery and growth. It also aligns with what the country can accomplish
next year and the year after. The growth target is not low, and China may achieve even faster
growth in its delivery, he said, adding that China focuses more on
guiding expectations. "While maintaining stable economic growth, China must strive to
improve quality and efficiency. It requires relatively sufficient
employment, continued growth in income, and sustained improvement of the
ecological environment to optimize the economic structure and improve
labor productivity," the premier said. He said China still faces mounting pressures in boosting employment
this year, as about 14 million urban people will enter the labor market,
while the country aims to create no less than 11 million new urban
jobs. "We need to seek a balance between growth, income, and employment,
and we cannot pursue economic growth based on high energy consumption
and heavy pollution," Li said. He added efforts should be made to increase the activity and
efficiency of market players, continue to promote urbanization, unleash
massive domestic demand potential, and enhance the role of consumption
in stimulating the economy.
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