Highlights of Premier Li Keqiang's keynote speech at the opening ceremony of the World Economic Forum Annual Meeting of the New Champions 2013.

"Now the new season of the Chinese economic miracle, one of better quality and higher efficiency, is unveiled."

"China is now at such a crucial stage that without structural transformation and upgrading we will not be able to sustain economic growth."

"Facts will continue to prove that to come and do business in China is a wise decision for multinationals to expand their business."

"As the economy enters a phase of transformation, the slowdown of its prospective growth and moderation of the Chinese economy from a high speed to a medium to high speed are only natural."

"Looking ahead, I see bright prospects for China's development."