Growth with quality

After the annual Central Economic Work Conference that concluded over the weekend set the tone for quality and efficiency-oriented national economic growth next year, Vice-Premier Li Keqiang on Wednesday reiterated such a policy shift and called for renewed efforts to push for its implementation.

At Wednesday's meeting on social and economic development and reform, Li put particular emphasis on economic quality and efficiency, adding that there is competition among some regions for a higher rate of growth. He called for realistic economic development, noting that growth in the gross domestic product which does not benefit ordinary people is pointless. China's economy in the future should seek coordinated development among energy, resources and the environment.

Li's remarks are another example of China's determination to focus on the quality rather than the sheer quantity of economic growth.