Talking about the property market, China's new type of urbanization will be a long process. Given the trend of divergence in the housing market, we will urge local governments to shoulder their responsibilities and adopt city-specific policies to meet people's basic housing needs and take effective measures that suit national and local conditions, endeavor to provide housing to all in need and ensure steady and sound development of the real estate market. We are confident that we will be able to meet the major economic and social development targets this year, forestall systemic and regional financial risks, and lay a solid foundation for stable development next year.
Over the past few years, the Chinese economy has withstood internal and external pressures and achieved steady progress and better quality. This is not done by resorting to massive stimulus. Instead, it is because of our commitment to reform and opening up and our efforts to push for innovative macro regulation, supply-side structural reform and faster shift of growth drivers. We have been streamlining administration, delegating power, strengthening regulation, and improving government services. We have been vigorously implementing the innovation-driven development strategy to boost mass entrepreneurship and innovation. Since last year, there have been more than 40,000 new entities entering the market every day, among which 12,000 are newly-registered companies. From January to August this year, the number of newly-registered companies per day reached 15,000. New technologies, new industries and new business models are growing at a faster pace and many traditional industries are coming back to life. New growth drivers are rising, traditional growth drivers are being upgraded, and the quality of growth is improving. All this has shown enormous creativity in the market and the society. Looking ahead, with big potential, solid advantages and broad maneuvering room, the Chinese economy is well prepared to achieve medium-high growth rates and advance to medium-high development levels.
【国内英语资讯:Full text of speech by Li Keqiang at Forum for Economic and Trade Cooperation Between China】相关文章:
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