China’s economy still in medium-speed growth stage – CenBank advisor

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.

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