News analysis

China taking next bold step to improve its people's lives

Focus on socio-economic issues stands out in Li Keqiang's report

China's economic growth target of "around 6.5 per cent" did not come as a surprise as Beijing turns its attention to deepening reforms and improving people's well-being.

Analysts see another year of far-reaching reforms, during which there will be a dismantling of restrictions on foreign companies.

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A version of this article appeared in the print edition of The Straits Times on March 06, 2018, with the headline 'China taking next bold step to improve its people's lives'. Subscribe