China will pull through current challenges, says Chinese Premier Li Keqiang

We will more proactively leverage the fiscal policy in boosting domestic demand and restructuring, and will implement further cuts in taxes and fees

China is confronted with a host of difficulties and challenges in economic development. Deeply integrated into the world economy, the Chinese economy is inevitably affected by notable changes in the global economic and trade context. The moderation of growth in domestic investment and consumption has added to the difficulties of some companies and weighed on the stable performance of the economy. Nevertheless, China’s development has always been achieved through overcoming all sorts of difficulties and challenges, which have never been insurmountable. There were numerous occasions when we faced severe challenges, yet each time we managed to pull through and only