Li’s work report draws applause worldwide

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Xinhua, Beijing :
People abroad from various walks of life and the world media have kept a close eye on and highly praised the government work report delivered by Chinese Premier Li Keqiang at the annual National People’s Congress (NPC) session on Wednesday.
They believe that a pragmatic economic growth target evinces the Chinese government’s reform determination, and that a slew of sweeping reform proposals signal deepening reform in a comprehensive way.
As a result, the success of China’s reform endeavor will give more benefits to the world at large.
China retains a target for economic growth of 7.5 percent for 2014, said the government work report, releasing a signal of stability and continuity in policy. This offers a dose of reassurance for the entire world, and is conducive to further development of emerging markets and the world economy.
Brendan Ahern, managing director at Krane Funds Advisors LLC, or KraneShares, said he was very optimistic about the outlook of the Chinese economy.
“The growth target of 7.5 percent is strong and encouraging. The Chinese economy is still growing at an extraordinary pace,” he said.
Le Figaro newspaper of France said the international community has seen a major engine of global growth maintain a steady growth. The current economic slowdown exactly signals the Chinese government’s good aspiration for transforming the growth model.

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