The downward pressure on China's economy increased somewhat since the start of this year, it's impossible and unnecessary for us to maintain the high-speed growth seen in the past.

Zhang Gaoli

Zhang Gaoli is the current first-ranked Vice Premier of the People's Republic of China and a member of the Politburo Standing Committee of the Communist Party of China, China's highest ruling council. Prior to his ascendancy to the pinnacle of political power in China, Zhang served as the CPC Tianjin Committee Secretary between 2007 and 2012, and the Party Secretary in the economic powerhouse of Shandong province between 2002 and 2007. As Premier Li Keqiang's principal lieutenant, Zhang's portfolio spans the fields of finance, economic development, natural resources, the environment, and housing. He is the chair of ad-hoc steering committees overseeing the Three Gorges Dam, the South–North Water Transfer Project, and food safety.

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