Tuesday 6 August 2013

China's top economic planner said most Regions can meet target growth

 China's top economic planner said on Tuesday that most regions can achieve their growth target this year if macro-policies remain basically stable, in the latest words of reassurance about the slowdown of the world's second-largest economy.
The commission called for deeper reforms and further opening-up in the more affluent eastern regions, including accelerating construction of new experimental zones and pilot reforms in major areas to offer experience to the broader economy.
It also pledged more support to the central, western and northeastern regions.
Central government investment will lean toward major infrastructure and social projects in central and west China to make sure they are not affected by the slowing economy, the NDRC said, adding it is also mulling a policy document to revitalize old industrial bases in the northeast.
Source: Xinhua

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