Latest News:  


China's economic growth at reasonable level: official


08:09, April 22, 2013

BEIJING, April 21 (Xinhua) -- China's economic growth in the first quarter of the year is at a reasonable level and the country will maintain its macro-economic policies, the central bank said Sunday in a statement.

"China's economy witnessed a steady beginning in the first quarter, and the year-on-year growth at 7.7 percent is in a reasonable range," the People's Bank of China cited governor Zhou Xiaochuan as saying at a meeting of the International Monetary and Financial Committee, the IMF's policy-setting arm.

Facing global economic uncertainties, the Chinese government has enhanced macro-economic control and attached great importance to structural reforms, Zhou said.

He said the country is going to maintain its proactive fiscal policy and prudent monetary policy to boost economic growth and keep prices stable.

China's economic annual growth in 2012 eased to 7.8 percent, the weakest level since 1999, due to volatile external markets and the government's domestic tightening to tame property prices and inflation.

The country has set its growth target for this year at 7.5 percent.

We Recommend:

Living in mini homes in China

Stunning models at Bangkok Int'l Auto Show

Shanghai Tower, tallest skyscraper in China

Bird flu fears hit poultry industry

Bird flu takes toll on poultry industry

Int'l footwear exhibition kicks off in Shanghai

Email|Print|Comments(Editor:WangXin、Gao Yinan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Li Keqiang visits epicenter after deadly quake

  2. Premier Li speaks to reporters in Lushan Country

  3. Weekly review of military photos

  4. First night after deadly earthquake

  5. The "most beautiful bride" in the quake

  6. Doctors suture wound for soldier in Lushan County

  7. 30th Weifang International Kite Festival

  8. Highlights of X Games

  9. Harbin-Dalian Railway summer schedule

  10. The world's largest wind energy market

Most Popular


  1. Terrorist attacks should not be regionally labeled
  2. Texas town: like whipped by powerful tornado
  3. High land premiums set to affect profits
  4. Alliance sets new stage for culture
  5. Expats reconsider living in Beijing over pollution
  6. Boston bombings underscore U.S. security concerns
  7. No winner in competitive currency devaluation
  8. Terrorism knows no boundaries
  9. Asia to pull through the high-risk period
  10. Austerity: Why a simple idea isn’t so simple after all

What’s happening in China

Baby born right after earthquake in SW China

  1. 102 cultural relics sites damaged in the quake
  2. Quake-hit highway to isolated county repaired
  3. Electricity partly resumed in quake-isolated county
  4. Two more H7N9 bird flu deaths in Zhejiang
  5. China earmarks disaster relief fund