Reasonable range for economy
Keeping inflation under control and a moderate growth momentum will ensure stable employment and enable structural readjustment
'As the economic performance remained within the proper range, we concentrated our efforts on improving the growth model and making structural adjustments by unswervingly following the underlying principles of our macro-control policy. This enhanced public confidence in the market and kept expectations stable," Premier Li Keqiang said in this year's Government Work Report approved by legislators on Thursday.
The "proper range" means the economy performing within the lower and upper limits set by the government last year to ensure employment does not fall below the prescribed minimum level and that inflation does not rise above the projected level.