China media: Economic target

A woman walks at the Bund in front of the financial district of Pudong in Shanghai 5 March 2015 Image copyright Reuters
Image caption Papers say China's lower growth target will help the global economy

Papers say China's lower growth target will create a "healthy" domestic economy and also benefit the global financial system.

Premier Li Keqiang unveiled a target of 7% in 2015 as he opened parliament's annual session on Thursday, saying China had to "maintain a proper balance between ensuring steady growth and making structural adjustments".

A front-page commentary in the overseas edition of the People's Daily points out that the slower growth "benefits China and the world".

"The 7% growth target will not reduce China's contribution to the world," says the article.

It adds that China will attain a sustainable healthy development and expand its domestic demand under the "new normal phase" of slower expansion.

"The urbanisation process will also create huge demand for investment and imports, providing a large market for the world," the article explains.

China Daily notes that the government has "apparently given in to the intensifying downward pressures" by lowering the growth target but dismisses views that the economy is "gloomy".

"Even after the dramatic slowdown from the rapid double-digit growth of previous decades, 7% will still be decent enough in a global context," says the paper, stressing that the adjustment is about "balancing the speed and quality of growth".

Echoing similar views, Lu Feng, a professor with Peking University's National School of Development, appears confident that the Chinese economy "has the potential to maintain speed over the next 20 years".

"In a nutshell, China has the potential to maintain a medium-to-high-level of growth for 20 years, but it can only be achieved with efforts to comprehensively deepen reforms and ensure a stable external environment," the pundit tells Xinhua .

Public scrutiny

Meanwhile, Premier Li Keqiang has warned officials against being "indolent" and "wilful" in their work, Xinhua reports.

The news agency notes that Mr Li quoted the word "renxing" (wilful), which is known as an internet buzzword, to caution officials against abusing their power.

Reiterating Mr Li's warning, another Xinhua commentary urges local officials to "bear the words in mind" and "execute their power according to the law".

The Beijing News, however, points out that there should be more transparency in providing government information, and authorities should encourage public scrutiny of the officials.

Image copyright AFP
Image caption Mr Lippert was slashed at a breakfast meeting in Seoul on Thursday

And finally, papers dismiss the "nationalistic views" of Chinese web users after they hailed the man who attacked a US diplomat in South Korea as a "hero".

The man slashed the face of the US Ambassador to South Korea Mark Lippert at a breakfast meeting in Seoul on Thursday, but the envoy escaped serious injury.

South Korean President Park Guen-hye condemned what she called an "attack on the South Korea-US alliance".

"This incident shows that the sentiment opposing the Seoul-Washington alliance really exists in South Korea," the Global Times' Chinese edition is quick to point out.

Noting that many Chinese internet users were applauding the attacker's "heroic act", the editorial explains that the netizens were merely "taking pleasure in others' misfortune with their superficial nationalistic views" and suggests Washington and Seoul "not to take them seriously".

BBC Monitoring reports and analyses news from TV, radio, web and print media around the world. You can follow BBC Monitoring on Twitter and Facebook.

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