Twelve days of parliamentary pomp and ceremony have ended in China with the adoption of a new five-year plan for the economy.
It was agreed with a 92.7 percent vote – seen as a rubber stamping of the plan.
Concerns have been voiced about the health of China’s economy which expanded at its slowest pace in 25 years in 2015.
The Premier Li Keqiang stressed the importance of reforms in the plan to the country’s economic vitality.
“We are fully confident of China’s long term economic growth. The
confidence is not from nowhere as we are confident that as long as we
continue to reform and open up, China’s economy will not suffer a ‘hard
landing’,” he said.
The 13th five-year plan aims to maintain growth at an average of between 6.5 and 7 percent a year by 2020.
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Source: Euronews
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