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"Although growth will be slower, it will still represent significant demand both internally and internationally," he said.

We have continued to give the central stage in reform to streamlining administration and delegating more powers to lower-level governments and to society in general while improving regulation. Over the course of the year, departments under the State Council cancelled the requirement of or delegated the power for review on 246 items. We cancelled 29 performance evaluations, inspections on the meeting of standards, and commendations, and 149 verifications and approvals of vocational qualifications. We again revised and significantly shortened the list of investment projects requiring government review. We channeled great effort into the reform of the business system. The number of newly registered market entities reached 12.93 million, with that of enterprises increasing by 45.9%, creating a fresh surge of entrepreneurial activity. While economic growth slowed down, more jobs were created, which fully demonstrates both the tremendous power of reform and the endless potential of the market.

Li voiced this opinion during a meeting with Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), on the eve of the WEF annual meeting in Davos, Switzerland.

Sommaruga, on her part, said Switzerland stands ready to further expand mutually beneficial cooperation with China and deepen the friendship between the two peoples.

"We are deeply shocked at the attack and strongly condemn it," Chinese Foreign Ministry spokesman Hong Lei said, "We mourn the victims and express our sympathies to the bereaved families and the injured."