Since taking power last year, the new leadership in Beijing has insisted that it will place less emphasis on how fast China expands, and put a greater focus on the quality of its economic growth. Xi Jinping, president, and Li Keqiang, premier, have both stressed that China must reduce its addiction to cheap credit, lower its reliance on business investment and pay more attention to the quality of life of its citizens, for example by taking concrete steps to reduce pollution levels.
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