Li: Economy can conquer challenges
Updated: 2016-06-28 02:51
By Zhao Huanxin in Tianjin(China Daily)
|
|||||||||
He also said the British vote last week to leave the European Union had already had an impact on international financial markets, adding new global uncertainties.
"We would like to see a united and stable EU, as well as a stable and prosperous Britain," he said.
Li said that in the context of globalization, no country can talk about its own development without discussing the world economic environment.
He proposed structural reform, industrial upgrades and efficient global governance as ways to get the world economy on a track to steady recovery.
Li vowed to continue reducing excess capacity in the steel and coal sectors in "a market-oriented and lawful" manner, and to take measures to re-employ steel workers and coal miners made redundant.
Gary Coleman, global industry and senior client adviser at Deloitte Consulting, said Li has been very consistent in encouraging innovation and entrepreneurship and setting a business-friendly public policy.
"I was particularly interested in his comments on pro-growth economic policies around lower taxes and a larger number of sectors being available for foreign participation," he said.
Ondrej Frydrych, CEO of Home Credit Consumer Finance Co, said: "I agree with Li on the assessment of the current macro status for the Chinese economy. … We are confident and optimistic in this country, and there is no doubt about it."
Cai Xiao and Zhong Nan in contributed to this story.
- Premier Li calls for reform to revive world economy
- Address by Premier Li Keqiang at the Opening Ceremony Of the Tenth Annual Meeting of the New Champions
- Exploiting Summer Davos to promote Tianjin among investors
- What they said during Summer Davos Forum
- Visitors try at exploration zone on Summer Davos Forum in China's Tianjin
- Exploiting Summer Davos to promote Tianjin among investors
- Hillary Clinton boasts double-digit lead over Trump: poll
- First New York Pride March since Orlando shooting targets gun control
- Intl experts question proceedings of South China Sea arbitration
- South China Sea tribunal has no legal validity
- Cambodia positions itself along new Silk Road: media
- UK opposition leader Corbyn says will not resign after Brexit vote
- Made-in-China regional jet starts commercial operation
- Iceland shock England 2-1 to reach quarterfinals
- Former NBA player Kobe instructs young players
- The world in photos: June 20-26
- Panama Canal opens with Chinese ship making first passage
- Eco-friendly farming system introduced to NE China
- UK votes to LEAVE the EU in historic referendum
- Aussie Ben Simmons picked by 76ers as No 1 in NBA Draft
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
Abe's blame game reveals his policies failing to get results
Ending wildlife trafficking must be policy priority in Asia
Effects of supply-side reform take time to be seen
Chinese State Councilor Yang Jiechi to meet Kerry
Chinese stocks surge on back of MSCI rumors
Liang avoids jail in shooting death
China's finance minister addresses ratings downgrade
Duke alumni visit Chinese Embassy
US Weekly
Geared to go |
The place to be |