China economy faces greater difficulties, downward pressure increasing - Li | Reuters

BEIJING China's economy faces greater difficulties and challenges this year with downward pressure increasing, but it will be able to achieve its economic and social development targets, Premier Li Keqiang said in remarks prepared for delivery on Saturday.

The government will expand domestic consumption and use effective investment to support growth this year, while opening manufacturing and services to foreign investors, Li said in remarks to be delivered at the opening of the annual meeting of parliament.

(Reporting By Jake Spring and Kevin Yao; Writing by by John Ruwitch; Editing by Ed Davies)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Mar 05, 2016 06:45 AM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See