China's high rate of bank savings, investment, robust market demand and abundant labor forces guarantee the rapid growth of the Chinese economy.
More Quotes from Zheng Jingping:
The oil price increase surely will have impact on China's economy as 40 percent of oil consumed in the country is imported, ... especially on some sectors, like agricultural means of production, oil refinery and public transport. But the impact is limited.Zheng Jingping
It should arouse concern, and actually has aroused our attention.
Zheng Jingping
It is fundamentally normal but it is at the upper end of the potential growth range and we need to take note of it.
Zheng Jingping
The trade surplus in China may last for a period as China's advantage of low production cost still exists.
Zheng Jingping
Trade problems cannot be solved simply by letting the exchange rate rise or fall.
Zheng Jingping
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