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China witnessing ideal economic growth(中国大学在线_英语新闻)

作者:  时间: 2020-12-23


Chinanews, Beijing, January 30 – Zheng Xinli, vice director of the Central Policy Research Office, describes China's current economic growth as “ideal”, for China has successfully avoided inflation and bottleneck while keeping high-speed growth.

 

Statistics show that China has kept two-digit growth since 2003, and its economic growth rate in 2006 even hit 10.7%.

 

In the 1990s, a severe inflation and a deflation afterwards swept over China after a 4-year economic leap.

 

“China has managed to control price level in the domestic market this time, which is a good sign,”said Zheng.

 


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