Chinadaily / A staff member of Offshore Oil Engineering Co Ltd cuts a workpiece in Qingdao, East China’s Shandong province, Jan 17, 2018. [Photo/Xinhua] Premier Li Keqiang delivered the annual Government Work Report on Monday at the opening meeting of the first session of the 13th National People’s Congress.
According to the report, China will continue to pursue stable economic growth this year, setting its gross domestic product growth target at around 6.5 percent, and further opening its economy to foreign investors.
Let’s take a look at the nine key tasks proposed in the Government Work Report.
1. Stepping up supply-side structural reform
In economic development the government needs to focus on the real economy, continue to cut overcapacity, reduce excess inventory, deleverage, lower costs and strengthen areas of weakness. The country will take big steps to streamline administration and cut taxes and fees, keep improving the business environment, and further energize market entities to increase the quality of economic growth.
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