Li Keqiang, China's vice-premier.

Li Keqiang, China's vice-premier.

Nelson Ching/Bloomberg

China’s past development has created an “irrational economic structure” and “uncoordinated and unsustainable development is increasingly apparent,” said Vice Premier Li Keqiang in a June article in the government-owned Qiu Shi magazine. Long-term dependence on investment and exports for growth “will grow the instability of the economy,” he said.