China has given Shanghai the green light to set up the mainland's first free trade zone, moving it closer to rival other Asian cities such as Hong Kong.
Chinese economy might suffer ups and downs, but its long-term prospect remains bright, said director of the Centre for European Policy Studies.
The Chinese government has taken a series of measures to promote non-governmental and market forces since the beginning of this year.
A pickup in industrial output, better-than-expected global market conditions and government fine-tuning are combining to generate faster growth.
Nation must adjust when US tapers QE
Most urban residents worry that China's economic growth will come at the cost of its environment, according to the results of a recent survey.
China has shown signs of stabilizing and the country is poised to hit its annual growth target of 7.5 percent.
China's economy shows clear signs of stabilization, helped by policy support and global demand improvement, the state statistics bureau said.
The reform efforts of China, the world's second largest economy, have profound significance for both itself and the world at large.
The economy appears to have staged a modest rebound last month that will continue through the second half, driven by better corporate conditions.
Economy grows at reasonable speed
Premier Li Keqiang's talks in Gansu underscored his determination that the nation should rely on reform to promote sustainable growth.
Economists at its China Center for Economics and Business, said on Monday that it's important for China to put more emphasis on quality growth.
China should make greater efforts to adjust regional economies to achieve sustainable development in the nation's economy, Premier Li Keqiang said.
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