In his first address, China's new premier says high quality growth is a priority

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In his first address, China's new premier says high quality growth is a priority
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China's new premier Li Qiang said China's focus was shifting to what it calls high-quality development, such as building up tech and so-called green industries.

China's new premier Li Qiang said Monday that policymakers would focus on the quality of growth — especially on ordinary people's need for housing, income, education and health care.

He said China's growth target of around 5% won't be easy to achieve. But he said policymakers would push for growth, and claimed non-state-owned enterprises would have greater room for development.China's new premier Li Qiang said Monday that policymakers would focus on the quality of growth. While he said China's growth target of around 5% won't be easy to achieve, policymakers would push for growth, he added.

In terms of macro policy, he said leaders would focus on stability, boosting domestic and external demand, tech innovation and diffusing risks.won't be easy to achieve. But he said policymakers would push for growth, and claimed non-state-owned enterprises would have greater room for development.

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