Li confident in 2017 economy

The Chinese economy has run within reasonable range in the past year, and the country will effectively stabilize its growth and guard against risks this year, Premier Li Keqiang said.

"We have the confidence and capability in tackling challenges in various fields" to promote the stable and healthy development of the economy, Li said while hosting a symposium for soliciting opinions on the draft of the annual Government Work Report.

Li will deliver the report at the annual session of the National People's Congress in March, and the premier hosted several symposiums ahead of that to collect ideas and perfect the draft.