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World Media Outlets Speak Positively About China's NPC, CPPCC

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China's ongoing annual session of the National People's Congress (NPC) and the annual session of the Chinese People's Political Consultative Conference (CPPCC), which ended Saturday morning, have grabbed a lot of world attention.

Many overseas media outlets covered China's bid to change its growth pattern, its efforts for fairer national income distribution and other key topics.

In a government work report on March 5 to the NPC session, Chinese Premier Wen Jiabao said China expected its economy to grow around 8 percent in 2010 from a year earlier.

Stressing sound growth, the premier expounded on the government's priority of quality over speed regarding China's development. He called for more efforts to transform the country's development mode and economic structure.

China is shifting its focus from "made in China" to "created in China" or "creative innovation" by underlining the importance of the growth pattern, South Korean daily Dong-a Ilbo observed.

"We urgently need to transform the pattern of economic development," the Associated Press (AP) quoted Wen as saying.

The Chinese premier promised more steps to boost domestic consumer spending and the creation of a high-tech industry to reduce reliance on exports and investment to drive growth, said the AP.

China has to cut back on its reliance on overseas markets if it wants stable growth, said Takashi Sekiyama, a researcher at the Policy Research Division of the Tokyo Foundation.

China has to transform its growth mode and shift its focus to domestic demand, industrial structure, innovation capacity, urbanization and a low-carbon economy, he said.

(Xinhua News Agency March 13, 2010)

 

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