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A: The Chinese economy grew by 7 percent in the first half of this year, which is consistent with the growth target of the whole year and is the fastest growth rate among major economies around the world. It is normal that an economy may grow at different speeds in different periods. It would be against the law of economics to aim for ever higher growth without any slowing down. The 7 percent growth in the first half of this year was achieved on the basis of an economy of over 10 trillion U.S. dollars. The increment is already equivalent to the annual GDP of a medium-sized country and still exceeds what was generated by double-digit growth several years ago.

It reviewed that China-Britain cooperation has created numerous records. Britain was the first Western country to join the China-proposed Asian Infrastructure Investment Bank, to issue RMB-denominated sovereign bond, and to support the inclusion of the RMB in the IMF's SDR currency basket.

Innovation and entrepreneurship could generate more jobs, inspire creativity, promote structural readjustment and facilitate a medium-to-high growth of the economy, Li said.

There is no reason for the yuan's depreciation to be sustained, and China does not want a currency war, said the premier, appreciating that Britain was the first western country to issue a RMB sovereign bond.

He added that China will stay firm on the path of peaceful development and win-win cooperation, expand its converging interests with the rest of the world and work together to usher in a new era of peace and development of mankind.