China has set a target for 6.5 percent to 7 percent GDP growth in 2016, after growth fell to a 25-year low of 6.9 percent in 2015.
Zhang said that China will reduce leverage in the economy through efforts including bankruptcies, and is not resorting to large-scale stimulus.
The global economic recovery is weak and faces uncertainties, but the Chinese economy remains resilient, Zhang said.
Zhang's comments come as expectations for further monetary stimulus fade after record credit growth in the first quarter of the year boosted economic indicators in March, though April data so far indicates the rebound may be short-lived.
Chinese markets fell after a commentary in the official People's Daily on Monday said there is no need to stimulate growth by excessive credit expansion that could heighten risks and trigger a systemic financial crisis if not controlled properly.
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