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Government and Policy

China to accelerate economic restructuring in 2011

Updated: 2011-03-05 10:53

(Xinhua)

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BEIJING -- China will accelerate economic  restructuring to embark on a self-relying and innovation-driven  growth track, Premier Wen Jiabao said at the opening of the  parliament's annual session Saturday.    

China to accelerate economic restructuring in 2011"China's economy needs to be quickly put on the path of  endogenous growth driven by innovation," Wen told deputies to the  Fourth Session of the 11th National People's Congress (NPC).    

The country will quicken the establishment of a modern  industrial system and give impetus to industrial transformation  and upgrading, he said.    

The government will promote balanced development among regions, giving priority to the development of western regions.    

"We will actively yet prudently move forward with urbanization, " the premier noted.  

 
Efforts will be enhanced in sectors of energy conservation,  environmental protection and ecological development, he said,  noting the country will actively respond to climate change. 

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