China Premier Li: China needs to eliminate barriers to investment, create jobs

Reuters reports comments from China Premier, Li Keqiang, carried on the website of China's cabinet (State Council) on Friday.

Key Quotes:

"This year China's foreign investment has seen negative growth, this is something we need to closely monitor."

"We must eliminate barriers to investment and increase the confidence of both domestic and foreign investors."

"Development is the key to resolving all our problems, it is the root of maintaining social stability and it is the cornerstone in order for the Communist Party to hold onto power."

"In total we have more than 15 million people entering the workforce, plus millions more laid-off workers (from heavy industries like coal and steel) that need jobs."

"If we cannot create enough jobs, how will we create wealth? How will we maintain social stability?"