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Last updated at: (Beijing Time) Wednesday, November 26, 2003

China's economic growth rate in 2003 to reach 8.5 percent

China's economic growth rate for the whole year is expected to reach 8.5 percent, the highest in recent years.


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China's economic growth rate for the whole year is expected to reach 8.5 percent, the highest in recent years.

Chinese vice Premier Zeng Peiyan said China's economy continues to grow rapidly, mainly driven by market demand. In the mean time, state revenue and the output value of state-owned large and medium sized enterprises have risen by a big margin.

The vice premier also said the government will regulate future development in order to reduce possible overproduction and excessive investment in some fields.


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