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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Panama top court deems presidential frontrunner's candidacy constitutional
Georgian PM calls U.S. criticism of draft 'foreign agents' law false
Boeing sending first astronaut crew to space after years of delay
Judge says gag order won't prevent Trump from testifying in criminal case
Ukrainian agent killed before he could attack fuel terminal - Russian FSB, cited by Interfax
Chad prepares to vote in a coup-hit region, wary allies look on
Heatwaves and outages test support for juntas in Chad and Mali
Ethiopia's Amhara militia says resettlement plan 'beats war drum'
You’re surrounded by scammers
China to launch first probe to return samples from Moon's far side

Others Also Read