"The harder the situation grows, the more calm and hope we need," Keqiang said.
“Despite shifts in the global economy, the Chinese economy is stable and is on its way to sustained growth. We have more possibilities than problems. We have everything to achieve growth and bolster development in the future," the premier said during a plenary session.
He added that in the first half of 2015 China’s growth reached seven percent, the largest in the world.
"The future of China’s economy is bright. This is not groundless optimism. We have all the capabilities to achieve growth," he said.
He also explained that China is going through the new stage of industrialization, urbanization and modernization.
"The Chinese manufacturing industry is diversified. Our economy does not rely on any single industrial field but depends on numerous factors. This is why we’re capable of overcoming these difficulties," Keqiang explained.
In the first and second quarters of 2015, China’s GDP was seven percent, a record low for the past six years. According to statistics for July and August, China’s growth is slowing down, despite a decrease in interest rates and other measures to stimulate the economy by the government.
