Chinese Premier Li Keqiang said the country will continue to focus on supply-side reforms, financial risks, poverty and the environment this year and beyond in the drive for “high-quality growth”, as he laid out plans for the year ahead at the start of the national legislature's new five-yearly session Monday.
With an annual growth target of "about 6.5 per cent" for 2018, Li made it clear that the speed of economic expansion was less of a worry now that the risk of a hard landing had faded.
- Achieve steady growth, reduce risk
- Cut fiscal debt, but not at the cost of infrastructure
- Strengthen the military, protect borders
- Fight for national interests, but open up to foreign investment
- Support for Hong Kong and Macau, a warning and a welcome for Taiwan
- Cut taxes and phone charges, woo returners
- Lift more people out of poverty
- On Xi Jinping’s priority policy goal, Li said the government would lift 10 million people living in rural communities out of poverty this year and relocate 2.8 million others.It would also increase support for vulnerable groups such as the elderly, disabled, and seriously ill, he said.
