Economic Trend News
- Economic growth
Date: 24-Dec-2007 Sources: (Shenzhen Daily)
THE country's current rate of economic growth is 'too fast,'a senior economic planning official said Saturday.
Han Yongwen, secretary general of the National Development and Reform Commission, said at a financial forum that China would seek a rate of growth in its gross domestic product that is sustainable in the long term.
In the first nine months of 2007, China's GDP grew at 11.5 percent over the same period last year, far exceeding the government's official target for 8 percent.
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