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People's Daily Online>>China Business

Structural optimization vital to Chinese economy (3)

By Zhou Xiaoyuan (People's Daily Overseas Edition)

15:29, December 14, 2011

Transforming economic model ensures steady development

Xu said to maintain steady and healthy economic growth, China should first increase domestic consumer demand, encourage enterprises to conduct independent innovation, and transform its imbalanced export- and investment-driven economic growth model into a balanced export-, investment-, and consumption-driven model.

"The next year may be a year of reforms. We will unleash our energy through policy adjustments, structural adjustments and reforms," Xu said, adding that the Chinese economy still maintains momentum for sustainable growth and is unlikely to suffer a hard landing.

【1】 【2】 【3】


 
 
 
 
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