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Chinese Premier Li Keqiang (L) and Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), walk into the conference hall of a meeting ahead of the Summer Davos forum in Tianjing Municipality, north China buy cheap jordan 11 , Sept. 9, 2014. (XinhuaLi Xueren) Chinese Premier Li Keqiang (L) and Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF) attend a meeting ahead of the Summer Davos forum in Tianjing Municipality, north China, Sept. 9, 2014. (XinhuaWang Ye) Chinese Premier Li Keqiang (L) talks with Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), during a meeting ahead of the Summer Davos forum in Tianjing Municipality, north China cheap jordan 11 shoes , Sept. 9, 2014. (XinhuaLi Xueren)
TIANJIN, Sept. 9 (Xinhua) -- Chinese Premier Li Keqiang reassured global CEOs Tuesday that China would achieve its GDP growth target of about 7.5 percent despite recent fluctuations.
Chinese economy is operating within a reasonable range, Li said.
The premier told his audience at the 2014 Summer Davos in Tianjin that ongoing anti-trust probes in China did not target specific industries or firms, and that foreign companies only accounted for 10 percent of companies involved.
"Premier Li's answer is very reassuring," said Alcoa CEO Klaus Kleinfeld.
"The rules apply to everyone," Kleinfeld told Xinhua. "The premier has emphasized very strong desire to create a level playing field."
The premier believes Chinese economy is on track despite fluctuations in some economic indicators in July and August, since GDP continues to stabilize, the job market keeps improving and inflation is on the low side.
GDP grew 7.4 percent in the first half of this year with deepening reforms and targeted loosening cheap jordan 11 online , but in the last two months, declining PMI, sluggish industrial production and a cooling property market alerted investors to the stability of growth.
It is inevitable that the economy experiences short-term fluctuations, Li said. The global economy is in a difficult recovery with some key economies performing poorly. China's economic development has problems as well.
The job market is the top concern of government policy, Li said, citing that in the first eight months, new urban jobs reached nearly 10 million, slightly below the target for the whole ye. Cheap Replica Jerseys Cheap Jerseys China Free Shipping Cheap Jerseys China Wholesale Cheap College Jerseys Cheap Epic React Womens Cheap Epic React Kids Cheap Nike Epic React Grey Cheap Nike Epic React Racer Blue Cheap Nike Epic React Crimson Cheap Nike Epic React Flyknit