China's economic growth slowed to 7.4%  in the first quarter, having grown 7.7% in 2013. Economic data for April due out this week are likely to show that the economy stabilized last month at relatively low levels after the first quarter slowdown.

But Li said slowing economic growth was normal and that China still had a "solid foundation for sustainable growth." He added that the government was emphasizing growth quality and was seeking "inclusive" growth.