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1st LD: Chinese economy not to suffer hard landing: premier

Xinhua, January 22, 2015 Adjust font size:

Chinese Premier Li Keqiang said here Wednesday that the world's second largest economy is not heading for a hard landing.

China is going to loosen government regulation and encourage mass innovation to achieve higher-quality development, Li said in a keynote speech at the World Economic Forum (WEF) annual meeting.

Li arrived here Tuesday for the WEF gathering in this ski resort and a working visit to Switzerland.

This year's WEF winter meeting, which opened Wednesday, will run till Saturday under the overarching theme "The New Global Context."

Over 2,500 participants from across the world are expected to attend the event and exchange views on a wide range of issues, including the global economy, environmental protection and non-conventional security. Endi