Economic news
China’s economy still in medium-speed growth stage – CenBank advisor
2023.11.08 08:24
© Reuters. FILE PHOTO: A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo
BEIJING (Reuters) – China’s economy is still in the stage of medium-speed growth of about 5%, and there may be the potential for it continue to grow at this rate for another five to 10 years, a Chinese central bank official said on Wednesday.
China’s current macro policy focuses on ensuring short-term stability and balance, Liu Shijin, a China central bank adviser, told the Financial Street Forum in Beijing.
