China signals focus on reforms and leaner, cleaner growth


  • World
  • Wednesday, 05 Mar 2014

BEIJING (Reuters) - China sent its strongest signal yet that its days of chasing breakneck economic growth were over, promising to wage a "war" on pollution and reduce the pace of investment to a decade-low as it pursues more sustainable expansion.

In a State of the Union style address to an annual parliament meeting that began on Wednesday, Premier Li Keqiang said China aimed to expand its economy by 7.5 percent this year, the highest among the world's major powers, although he stressed that growth would not get in the way of reforms.

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