PREMIER Li Keqiang said China’s economy is operating steadily and he is confident that main economic growth targets will be reached this year.

    Li’s comments were made during a telephone call with the Prime Minister of France Manuel Valls on May 12, the Xinhua news agency said Friday. Li also said some positive changes in the country’s economic structure had emerged since the beginning of this year, according to Xinhua.

    China urges EU to adhere to WTO obligations on market economy status

    CHINA has urged the European Union to uphold its World Trade Organization (WTO) obligations on China’s “market economy status,” the country’s commerce ministry said Friday.

    The ministry’s remarks come after EU lawmakers Thursday overwhelmingly rejected any loosening of the bloc’s trade defenses against China without reforms of its economy, including a reduction of State influence over business.

    The EU is debating whether to grant China “market economy status” from December this year, which the Chinese Government says is its right 15 years after joining the WTO.

    (SD-Agencies)