BOAO, China, March 30 (Reuters) - China is committed to opening up the world's second-largest economy and delivering reforms that can help stimulate growth, Premier Li Qiang said on Thursday, adding that geopolitical tension would only hold back development worldwide. China has set itself a modest target for gross domestic product growth of about 5% this year, after significantly missing its target for 2022. In particular, major economic indicators such as consumption and investment continue to improve, while employment and prices are generally stable," Li said. Another flashpoint in U.S.-China rivalry has been Taiwan, the democratically ruled island that China claims as its territory. In his speech, Li said "chaos and conflicts" must not happen in Asia and that China would act as an "anchor" for global peace.

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