Quality, efficiency to feature in China's economy (3)

Although the ongoing reforms on income distribution system, household registration system and land management system are all "hard nuts" to crack, once breakthroughs are made, they will be a boon to China's economy and enhance the growth quality and efficiency.

Stressing quality and efficiency will make the country's economy more environmental friendly.

Over 30 years of extensive growth has left serious damage to the environment, now that trend is to be reversed. The country has been paying increasingly greater significance to circular economy, by now it already leads the world in solar power, wind power, biomass power and other new energy fields.

At the 18th National Congress of the Communist Party of China (CPC) in November, ecological progress was for the first time incorporated into the country's overall development plan, putting it side by side with economic, political, cultural and social work.

With its per capita national income surpassing 5,000 U.S. dollars, China has been repeatedly warned of the middle-income trap, which many countries in the world have experienced. Stressing quality and efficiency of economic growth will also be the key for the country to break that trap.