id author title date pages extension mime words sentences flesch summary cache txt cord-019032-vdiaexbw Kshetri, Nir China 2020 .txt text/plain 18992 1253 67 Regarded as the steward of the Chinese economy, Li has aimed to focus on securing China's long-term expansion and on the further provision of basic national health care, affordable housing, employment growth, regional development and cleaner energy. China is the world's third largest exporter of arms after the USA and Russia, with 6Á2% of the global major weapons total over the period 2012-16. GDP growth declined to 6Á9% in 2015 (the slowest rate in 25 years) and fell again to 6Á7% in 2016 as China attempted to reduce its reliance on exports, increase domestic consumption and develop its service sector. China's economy overheated in the early 1990s, leading to inflation rates of 14Á7% in 1993, 24Á1% in 1994 and 17Á1% in 1995 Of the total revenues in 2015 central government accounted for 6,926Á7bn. ./cache/cord-019032-vdiaexbw.txt ./txt/cord-019032-vdiaexbw.txt