Investment will continue to play a crucial role in driving China's slowing economy to offset domestic and global downturn pressures, but policymakers won't enact bold stimulus measures.
China will quicken the pace of implementing the strategy of free trade zones (FTZs) and turn institutional innovation into a strong impetus for the country's development, President Xi Jinping said Thursday.
Structural problems have become "tigers on the road" holding up China's economic development, Premier Li Keqiang says when delivering the annual work report of the government.
China's economy steps into the "new normal" phase, as it is growing in a manageable and relatively balanced manner.
The national scientific research funding program urgently needs reform to boost the country's capacity for innovation, political advisers working in the science and technology field said on Wednesday.
The Chinese government has noted the austere circumstances of the economy and will overcome difficulties with more pro-growth policy, Premier Li Keqiang said on Wednesday, ahead of a keynote speech to give the economic outlook for the year ahead.
As the number of graduates continues to rise, many are opting to start their own companies. However, fierce competition and scant experience is making life hard for budding businesspeople.
A top economic planner said the 7 percent growth target set by the government could raise concerns over whether the rate can be met or a more relaxed monetary policy will be recommended.
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