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Adjustments in China's real estate market in a certain period are "normal," Li said, citing reasons including the country's steady urbanization drive which will unlock huge housing potential, and its deepening efforts in rebuilding the sprawling and dilapidated shantytowns.

His remarks mirrored a government report delivered last week by Chinese Premier Li Keqiang, who reiterated the vision for a more healthy and effective economy that is powered more by consumption and the service sector instead of the traditional engines of manufacturing and investment.

The current system of "people's supervisors" has been in place nationwide since 2010. Procuratorates have been allowed to select people to scrutinize their work.

-- The economic structure was upgraded. Grain output reached 605 million metric tons; the contribution of consumption toward economic growth rose by three percentage points to 51.2%; the value added of the service sector increased from 46.9% to 48.2% of the GDP; and there was a constant stream of new industries, new types of business, and new business models. The central and western regions grew faster in economic terms than the eastern region.

The "four comprehensives" refers to a political concept initiated by Chinese President Xi Jinping, which comprises comprehensively building a moderately prosperous society, deepening reform, advancing the rule of law, and strictly governing the Communist Party of China.