Vice Premier Han Zheng made the remarks in a speech at the opening ceremony of the China Development Forum, which is hosted by the Development Research Center of the State Council.
Han says in the new era, the Chinese economy has seen a shift from high-speed growth to high-quality development, featuring medium-to-high growth, accelerated transformation of development modes, improved structure and new growth engines.
Han described the shift to high-quality development as key to understanding the Chinese economy.
He stressed the importance of deepening reform, taking tough steps to prevent and defuse major risks, increasing investment in innovation, stick
