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Quality, efficiency should be growth focus

Hu Yongqi
Updated: Mar 7,2017 6:54 AM     China Daily

The country’s economic agenda should prioritize quality and efficiency to achieve this year’s growth target, and also ensure improving public services such as education and healthcare, Premier Li Keqiang told lawmakers on March 6.

The Government Work Report set a target of around 6.5 percent, which is a medium high-speed growth in line with economic laws for the country’s $11 trillion economy, Premier Li told deputies of the National People’s Congress from the Shandong delegation during a panel discussion on March 6 morning.

The economic growth will shore up employment, and the focus of this year’s work should be on improving quality and efficiency by further reform and opening-up to strengthen intrinsic vitality, he added.

Shandong reported GDP of 6.7 trillion yuan ($972 billion) last year, or nearly 10 percent of China’s GDP.

The premier said that ensuring medium high-speed economic growth must take supply-side structural reform as its central work while industrial transformation and economic upgrading are promoted.

The Premier also called for continued administrative streamlining, lower institutional costs for enterprises and creating an inclusive and fair environment. Meanwhile, entrepreneurship and innovation should be encouraged to boost the transformation of traditional industries and cultivate new growth momentum, he said.

He said economic achievements will be embodied in boosting employment, education, healthcare, social security, housing and environmental protection.

On March 6, another four members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee joined discussions of NPC deputies and members of the National Committee of the Chinese People’s Political Consultative Conference.

Zhang Dejiang, chairman of the NPC Standing Committee, said during discussions with deputies from Macao and Hong Kong that the country has made enormous progress-including new achievements while implementing the One Country, Two Systems policy since the 18th Party Congress in 2012.

At a meeting of sectors of the China Democratic League and public figures without party affiliation, Yu Zhengsheng, chairman of the National Committee of the CPPCC, said that General Secretary of the CPC Central Committee Xi Jinping’s speech on March 5 should be heeded regarding care and respect for intellectuals.

Wang Qishan, secretary of the CPC Central Commission for Discipline Inspection, called for protecting the sources of the Yangtze and Yellow rivers, while meeting with deputies from Qinghai province.

While talking to deputies from Tianjin, Vice-Premier Zhang Gaoli called for steady economic development and social harmony to usher in the 19th Party Congress.