National Development and Reform Commission Chairman Xu Shaoshi:
- New economic momentum is growing fast
- Economic performance in 2015 was very 'bright'
- He is confident in China's economy
- Economy faces big risks, challenges in 2016
- Development to be affected by uncertainty in global economy
- Government has ample policy tools
- Won't see wave of heavy layoffs, trying to reduce heavy industry overcapacity
- China's economy running at reasonable pace
All the top Chinese policymakers are meeting, that's why there has been so much news out of China this week.