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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperBusiness /EconomyEconomyPolicy WatchChina DataCompaniesMarketsIndustriesViewMotoringTechGreen ChinaTranscript of Premier Li Keqiangs meeting with Chinese and foreign business representatives at the Ninth Annual Meeting of the New Champions(chinadaily.com.cn)Updated:2015-09-10 09:17Comments Print Mail Large Medium SmallChinese Premier Li Keqiang speaks with global corporate leaders at the Annual Meeting of the New Champions of the World Economic Forum in Dalian, Liaoning province on September 9, 2015. [Photo provided to China Daily]On the afternoon of 9 September, Premier Li Keqiang met with domestic and foreign business representatives at the Ninth Annual Meeting of the New Champions held at the Dalian International Conference Center. Following is the transcript:Li Keqiang: Professor Schwab,ladies and gentlemen, let me first send my congratulations on the opening of the ninth Annual Meeting of the New Champions in Dalian. Its good to see so many familiar faces and old friends in the audience. As the place is so packed today, its difficult for me to walk into the audience and shake hands with each one of you. But I do appreciate the interest you have shown in China by coming to the meeting and your participation in Chinas modernization process. I am very happy to meet you here, because each time I come to the annual meeting, I get some new food for thought. The theme of the annual meeting this year –Charting a New Course for Growth–is highly relevant. I look forward to sharing my views and observations with you on this topic.Pau Polman, CEO of Unilever: We are all following the world economy very closely. In our brief discussion just now, you mentioned the slowing down of global growth, including China itself. What you said is very important, making us optimistic in the future of the Chinese economy. You also mentioned the need to find new drivers for growth. What are the new drivers specifically? As China takes over the chairmanship of the G20 next year, what agenda have you set for the G20 summit? How could this agenda bring about more sustainable, equitable and longer-term growth?Li Keqiang: It has been seven years since the global financial crisis broke out. Global growth remains sluggish. Its true that the Chinese economy has come under downward pressure. I know that you all follow the Chinese economy very closely. The “shape” of the economy is that there have been some ups and downs, but the underlying trend remains positive. In the first half of this year, the Chinese economy expanded by 7 percent, which is one of the highest among the worlds major economies.I have said on several occasions, a GDP growth that secures sufficient employment, increase in household income in step with GDP growth and improvement in the environment would be one that we can live with.In the first half of this year, surveyed urban unemployment rate was around 5.1 percent. And we added over 7 million urban jobs. All these show that the Chinese economy has been running within the proper range.Talking about new drivers of economic growth, we are encouraging mass entrepreneurship and innovation. Thanks to business registration reform and other reforms as well as mass entrepreneurship and innovation, over 10,000 new market entities are registered on an average daily basis since last year. There are also positive changes in the economic structure. For instance, consumption is contributing about 60 percent to Chinas economic growth. The service sector now accounts for almost 50 percent of GDP. Growth of high-tech industries is over 10 percent. All these are the changes we have been promoting, and we feel heartened by these developments.There has been overall stability in Chinas economic performance, despite certain moderation in speed. The overall trend is positive, yet there are also difficulties to overcome. We are pressing ahead with structural reform to advance structural adjustment. As the traditional growth drivers get replaced by new ones, it is only natural to see fluctuations in some of the economic indicators on a monthly or quarterly basis. This has happened this year, last year and the year before last as well. The economy is still running within the proper range. We will stick to the basic orientation of our macroeconomic policy. We will continue to advance reform and opening-up, and promote structural adjustment. We will also step up ranged-based, targeted and discretionary macro regulation to maintain steady economic growth within the proper range. All these will create enabling conditions for structural reform and adjustment.Previous Page1 2 3 4 5 6 Next PagePrevious Page1 2 3 4 5 6 Next Page8.03KRelated StoriesChina shaping up as even stronger powerhouseLi sees stable, healthy financial market aheadPremier vows efforts to deliver green development promisesPremier says Chinese economy within proper rangeChinas government debt risks controllable: PremierChina will see more open economy, convertible yuanPhotoBigger iPad announced at Apple monster eventTop 10 highly-paid jobs for single peopleRobots sparkle at Summer Davos Forum in DalianNew Jaguar to take on Mercedes, BMW as it rolls out in ChinaContainers converted into restaurant in ZhengzhouChinas top 10 retailers in 2014China Economy By NumbersChina Economy by Numbers – Dec China Economy by Numbers – Nov NewsmakerTop executive of Infor has head in the cloud Zwilling stays at cutting edge of the kitchenware industryMost ViewedTodays Top NewsRusal plans more JVs with Chinese companiesInside look at new products launched by AppleTranscript of Premier Li Keqiangs meeting with Chinese and foreign business representatives at the Ninth Annual Meeting of the New ChampionsDidi Kuaidi raises $3b in fundingLenovo gets ready to steal Apples thunderChina shaping up as even stronger powerhouseBigger iPad announced at Apple monster eventTencent takes over top slot in AsiaHot TopicsFiat SpA Peugeot SA Taxi app Internet finance Housing price Disneyland 12306.cn WeChatEditors PicksTop 10 most profitable listed Chinese carmakers Sino-US trade in numbers Worlds top 10 best airports in 2015 Top 10 wealthiest Chinese in the world in 2015 SpecialsSummer Davos 2015Zhanjiang on Maritime Silk RoadCEO roundtable: new normal & challenges…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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