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China's economy can avoid hard landing - Premier Li

Published 10/09/2014, 11:45
© Reuters Chinese Premier Li Keqiang gestures as he speaks during a session of the World Economic Forum (WEF) in the Chinese port city of Tianjin

TIANJIN China (Reuters) - China's economy can avoid an sharp drop in growth, Premier Li Keqiang said on Wednesday as he promised to accelerate China's switch to an economic model driven by science and innovation.

Speaking at the World Economic Forum in the northern city of Tianjin, Li said China would continue to pursue structural reforms in its economy.

© Reuters. China's Premier Li gives a speech during the World Economic Forum's annual meeting of the New Champions in Tianjin

China's economy has had a bumpy ride this year. Growth slid to an 18-month low of 7.4 percent in the first quarter ticking up to 7.5 percent between April and June. But hopes that the recovery could gain traction were dashed in July when data revealed growth had stuttered again.

(Reporting by Paul Carsten and Jason Subler; Editing by Simon Cameron-Moore)

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