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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (5069)6/20/2005 6:55:13 PM
From: RealMuLan  Read Replies (1) of 6370
 
China's economy shows no sign of slowdown - planning body
06.19.2005, 10:58 PM

SHANGHAI (AFX) - China's economy shows little sign of a slowdown and is likely to maintain stable and relatively fast growth, Zhu Zhixin, deputy director of the National Development and Reform Commission (NDRC) said, according to the China Securities Journal.

Though there are signs that the economy in some large countries, including the United States, is slowing down, it does not necessarily mean that China's economy will also slow down, he said.

When asked if the NDRC will change the emphasis and degree of macroeconomic control, he said it will depend upon the conditions.

Zhu told the newspaper that accelerating financial system reform is a major task this year, and that long-term financial risk management systems will be established through strengthened external supervision and internal governance.

lilian.wu@xinhuafinance.com
forbes.com
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