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China's economy grew at a faster-than-expected 6.4 percent year-on-year in the first quarter, remaining at the top end of the government's projected growth range for the full year of 6 to 6.5 percent, official data show.
China's demand for steel has peaked and the coming 14th Five-Year Plan period (2021-25) will witness a decrease in steel consumption in the construction industry, while demand in the manufacturing sector is expected to remain at the same level, according to a senior official.
China's high growth in the wake of the 2008 financial crash reflected its high economic growth potential and the strong growth momentum helped by its full-fledged entry into the global economic trading system in 2001, but it also reflected the very effective policy response to the shock of the crisis, the expert said.
China's leaders have been stepping up the push for fundamental market-based economic reform since Xi's first year in office. The Third Plenary Session of the 18th CPC Central Committee in 2013 set out a strong agenda to restructure the role of the market, giving market forces a "decisive" role in allocating resources, instead of the "basic" role stated in earlier documents.
China's legal protection for human rights has been strengthened, the report said, adding that the country also stepped up its international anti-corruption cooperation as well as the legal protection for the Belt and Road Initiative.
来源：资阳报