In a press conference held after the conclusion ofthe National People’s Congress, Premier Li spoke about growth targets, unemploymentrisks, corporate debt and other topics.With regards to a question onconcerns about China’s growth and the probability of missing economic targets,Li stated that it is impossible for China to grow under 6.5% as the governmenthas a “good reserve” of policy instruments.

While admitting the country will continue to face short-term swings, he emphasizedthat China’s traditional industrial sector still has ample room to grow amidthe nation’s ongoing urbanization and industrialization process. This, alongsidethe new growth drivers, would further strengthen and improve the efficiencyof the China’s economy. On market liberalization, Li promised that China would graduallyprovide foreign investors wider access.

The full transcript of questions and answers can be found via the following link: http://english.gov.cn/premier/news/2016/03/16/content_281475308806830.htm