Speaking at the World Economic Forum in Davos, Chinese Vice President Li Yuanchao described growth in 2015 as "steady" and said China is still an economic force.
"China remains a major driving force for global economic growth. This is my first point. Second, China has the confidence and capability to maintain medium to high growth. As the world is yet to shrug off the deep impact of the global financial crisis, its economy is still in the period of profound adjustment. The Chinese economy, closely connected with the world economy, has entered a new normal, shifting from fast, quantitative expansion, to a stage of pursuing higher quality and efficiency."
Investor concerns mounted over the health of China's economy
