China's economy must sustain healthy growth: premier

Published Mon, Nov 3, 2014 · 12:13 PM

[BEIJING] China's economy must sustain mid- to high-level economic growth and manufacturers must be encouraged to move up the value chain, Premier Li Keqiang was quoted by state radio as saying on Monday.

China's economy, the world's second-largest, has had a rocky ride this year.

Growth slipped to a low not seen since the 2008/09 global financial crisis in the third quarter and annual economic expansion is expected to touch a 24-year low of 7.4 per cent this year.

REUTERS

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