Chinese President Xi Jinping Stresses Progress and Stability of Economy in the Country

President Xi Jingping reportedly said that China will stick to its plan on "seeking progress while maintaining stability" in China's economic's work to assure the healthy development and stability of the economy.

"China will strive to improve the quality and efficiency of the economy and deepen the supply-side structural reform," Xi said at a meeting of the Central Leading Group on Finance and Economic Affairs, s cited by Xinhuanet.

It has been reported as well that China's economy is facing risks from different uncertainties and factor excess for this year.

"The international situation is still complex and volatile, there are still many uncertainties and there are contradictions between domestic overcapacity and structural upgrading," Li Xiaochao, vice-head of the National Bureau of Statistics, said a statement.