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China's investment environment is expected to become more stable, open and transparent, as the draft foreign investment law stipulates foreign enterprises will receive pre-established national treatment plus a negative list management system, according to the Ministry of Commerce on Saturday.
China's economic policies in coping with shocks of the novel coronavirus will focus on keeping jobs and protecting people's livelihoods, Premier Li Keqiang said at a news conference on Thursday.
China's economy is likely to grow by around 5 to 6 percent in the 2020s, remaining at the medium-pace growth section of the L-shape pattern, a senior researcher at a government think tank said on Thursday.
China's factory-gate inflation picked up moderately in April for a second consecutive month and may point to stable economic expansion and improving industrial profits, experts said.
China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development. This is a pivotal stage for transforming our growth model, improving our economic structure, and fostering new drivers of growth. It is imperative that we develop a modernized economy. This is both an urgent requirement for getting us smoothly through this critical transition and a strategic goal for China's development. We must put quality first and give priority to performance. We should pursue supply-side structural reform as our main task, and work hard for better quality, higher efficiency, and more robust drivers of economic growth through reform. We need to raise total factor productivity and accelerate the building of an industrial system that promotes coordinated development of the real economy with technological innovation, modern finance, and human resources. We should endeavor to develop an economy with more effective market mechanisms, dynamic micro-entities, and sound macro-regulation. This will steadily strengthen the innovation capacity and competitiveness of China's economy.
来源：资阳报