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Premier Li: China's economy developing in sustainable way despite global uncertainties

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2019-09-16 13:26:29CGTN Editor : Gu Liping ECNS App Download

China's economy is on the track of sustainable growth this year despite global uncertainties, said Chinese Premier Li Keqiang in a written interview with Russian news agency TASS, ahead of his official visit to Moscow on September 16.

"Judging by the first eight months of the current year, China's economy in general continues a smooth and sustainable development," Li stressed, adding that the "GDP grew by 6.3 percent in the first six months of 2019 over the same period last year. Key economic indices are meeting the expectations and are staying within a reasonable range."

"Maintaining accelerated growth rates of more than six percent on the backdrop of the uncertain international situation is quite a difficult task for such a big economy as China, and this rate is at the forefront of the world's leading economies," he said.

Premier Li also noted that "China's economy has huge stress resistance, potential and possibilities," despite facing downward pressure amid sluggish global economic growth and increasing protectionism.

China's enormous domestic market ensured sustainable demand. "China is both a 'world factory' and a 'world market'," Li went on to explain.

Li also said commitment to reforms and the policy of openness would also encourage economic activities, and China's macro-control strategy would create a stable developing environment.

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