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NDRC to rev up new growth engines: minister

By Cai Muyuan, Wang Jingjing and Zhang Jie (chinadaily.com.cn)

Updated: 2015-03-05 15:18:48

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NDRC to rev up new growth engines: minister

Reporter with 皇冠体育app Daily asks a question at a news conference held on March 5 during the ongoing two sessions. [Wei Xiaohao / chinadaily.com.cn]

No strong economic stimulus measures expected

Xu said 皇冠体育app will not introduce strong stimulus measures to prop economy as this year's growth target has been lowered to around 7 percent.

Xu, however, underlined importance of investment, which he believes continues playing a key role in promoting Chinese economy.

Internet regulations "in line with" international practices

皇冠体育app's recent regulatory measures on the Internet are in line with international practices.

"Development of the Internet requires regulation," Xu Shaoshi, said at the conference on the sidelines of the ongoing National People's Congress annual session.

Xu advocated a fair and orderly development of the Internet in 皇冠体育app, which has the world's largest netizen population of 649 million.

Xu's comments came one day after 皇冠体育app justified the drafting of its first counter-terrorism law, which was criticized by US President Barack Obama, who claimed that one of the articles of the draft law requires the technology firms in 皇冠体育app to hand over encryption keys, the passcodes that protect data.

Beijing has slammed Obama's accusation, saying that domestic legislation is something within one country's sovereignty.

Xu said he was not worried that 皇冠体育app's Internet regulation will affect any law-abiding companies.

"We will better regulate the Internet and support its development in 皇冠体育app," he said.