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08:15, December 08, 2010

Chinese vice premier calls for efforts to quicken economic growth pattern shift

Chinese Vice Premier Li Keqiang (L) speaks at a seminar on drawing up China's 12th Five-Year (2011 to 2015) Plan in Ningbo City, east China's Zhejiang Province, Dec. 7, 2010. (Xinhua/Liu Weibing)

Chinese Vice Premier Li Keqiang said Tuesday that more efforts should be made to boost the quality and efficiency of China's economic growth and enable all people to enjoy the fruits of the country's reform and opening-up.

Li made the remarks at a seminar on drawing up the nation's 12th Five-Year (2011 to 2015) Program in Ningbo City of east Zhejiang Province, which was also attended by top officials of several provinces.

The key to grasping the development opportunities and meeting the challenges is accelerating the transformation of China's economic growth pattern, said Li.

Li noted that strategic economic restructuring is the key to realizing the transformation and he called for more efforts to boost domestic demand,especially consumption demand, while expanding the opening-up policy.

He also urged more efforts be made to strengthen the role of innovation in driving growth, quicken the upgrading of traditional industries, develop strategic emerging industries, push forward the service sector, and conserve resources and protect the environment.

Another major task of the transformation of China's economic growth pattern is to accelerate the development of social causes and enable urban and rural populations to enjoy the results of the nation's development, said Li.

He also said the current task for the government is to maintain stable and relatively fast economic growth, restructure the economy and stabilize consumer prices.

Source: Xinhua
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