Chinese Premier Li Keqiang expressed his confidence in the country's economy on Monday during a meeting with representatives attending the China Development Forum 2019 in Beijing, saying he is sure that the world's second largest economy will be able to withstand new downward pressure, continue to run within a proper range, and maintain healthy development.

"To address new downward pressure, we will continue to take measures such as cutting taxes and fees and fostering new growth drivers," he said, adding that Beijing will deepen reform and opening-up to further stimulate market vitality.

Over 100 people attended Monday's meeting, including senior executives of the global top 500 firms, experts and scholars from world-renowned academic institutes, and representatives of international organizations.