Premier Li Keqiang says the Chinese economy can avoid a hard landing.
Speaking at the World Economic Forum, the premier said that China's structural reforms have reduced risk, and the economy will be able to avoid a steep drop in growth as it switches from an industrial model to a model powered by science and innovation.
He added that the country cannot advance without changing the growth model, and that development should promote employment, improve incomes, boost energy conservation, and environmental protection.
China's economy has experienced a tricky year in 2014, with growth hitting an 18-month low of 7.4% in the first quarter, before rising slightly to 7.5% in the second three months of the year.