Advisers: Keep faith in economy

Challenges and opportunities coexist in the major economic changes currently faced by the world. If handled properly, the changes will bring huge opportunities to the great rejuvenation of the Chinese nation, said a member of China's top political advisory body.

The quality of Chinese economic growth has significantly improved in spite of a slowdown, said Justin Yifu Lin, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, while delivering a speech at the Second Plenary Meeting of the Second Session of the 13th CPPCC National Committee on Saturday.

China has launched supply-side structural reform with more efforts focusing on cutting overcapacity, reducing excess inventory, deleveraging, lowering costs, and strengthening areas of weakness.