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Premier Li Keqiang said in his 2015 government report on Thursday that GDP is targeted to increase by about 7 percent, lower than last year's 7.5 percent, to help adapt to the new normal in economic growth.

"The percentage is lower than 10 years ago, but the base figure of GDP is much bigger ... making it more beneficial for the people."

Guo Shuyu, an online shop owner in Kunming, Yunnan province