Weakening momentum tests nation's resolve to restructure

'New norm' of slower growth indicates the leadership wants quality, not quantity, reports Zheng Yangpeng

Statistics for April have confirmed that economic momentum in China continued to weaken from March, testing the leadership's resolve to tolerate slower growth while pursuing long-term restructuring.

In the latest sign of the nation's determination to push reforms, President Xi Jinping said last week the country must adapt to a "new norm" of economic growth and remain "cool-minded" amid a slowing economy.