Li vows to provide more jobs

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Premier Li Keqiang, accompanied by Klaus Schwab, executive chairman of the World Economic Forum, meets business representatives before the World Economic Forum Annual Meeting of the New Champions, also known as the "Summer Davos", in Dalian on Tuesday. The three-day forum is scheduled to start on Wednesday.(ZOU HONG / CHINA DAILY)

Premier confident of steady growth, expecting reform to release 'biggest bonus'

China will strive to generate more jobs in coming years by launching additional reform policies and placing greater emphasis on the service sector's role, Premier Li Keqiang said on Tuesday.

He highlighted the government's task of assuring people's livelihoods, saying this to a great extent means providing jobs.

The premier's comments came as he met a group of global business executives before the World Economic Forum Annual Meeting of the New Champions 2013, or the "Summer Davos" in Dalian.

Li stressed that China is able to tackle difficulties and challenges in the course of its economic development, as reform can release the "biggest bonus" to boost the market's vitality.

Instead of taking short-term stimulus measures to bolster the economy, China has focused on reform polices and economic restructuring to boost growth, with these measures having some effect.

Main economic indicators such as the Purchasing Managers' Index have suggested positive signs, he said.

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