China's economic growth still within reasonable range: premier

[September 28, 2015] BEIJING (Reuters) - China's economic growth remains within a reasonable range as employment still holds up and household incomes rise, state television quoted Premier Li Keqiang as saying on Monday.

China's favorable economic fundamentals have not changed and new growth drivers are emerging, it quoted Li as saying.

Global investors and policymakers have been on edge this year over the health of China's economy, which appears set for its weakest performance in at least a quarter of a century.

A plunge in China's stock market over the summer and a surprise devaluation in the yuan <CNY=CFXS> have roiled global markets, and raised doubts inside and outside China over Beijing's ability to manage its economy.

(Reporting by Winnie Zhou and Kevin Yao; Editing by Clarence Fernandez)

[© 2015 Thomson Reuters. All rights reserved.]

Copyright 2015 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.