(World Economic Forum) No hard landing, Li Keqiang assuresBusiness | 27 Jun 2016 1:44 pm
Despite unavoidable short-term fluctuations in growth during transition, China's economy will not suffer a "hard landing,'' Premier Li Keqiang said today. "We can deliver the major targets of economic and social development set for 2016," he said.
Li was addressing the opening ceremony of the Annual Meeting of the New Champions 2016, or the Summer Davos Forum, in Tianjin. The economy continued stable growth in the second quarter of the year, following a 6.7-percent expansion in the first three months, said Li.