China's GDP Growth to Exceed 7 Percent 　　China's gross domestic product (GDP) will meet the growth target of 7 percent in 1999. According to the news released from an official at the ongoing National Economic Forum, the Chinese government in 1999 continued to pursue a policy of stimulating domestic demand and exerted itself to push forward various reforms steadily. 　　As a result, the national economy has maintained the momentum of rapid growth, the economic operation has been generally healthy and stable, and the structure adjustment has made great progress, they said. 　　Officials noted that China's GDP increased by 7.6 percent for the first half of this year, 0.6 percentage points higher than the same period of 1998. 　　China's economy is estimated to grow by more than 7 percent in the whole year, they said. 　　According to the statistics for the first eight months this year, the economic returns of enterprises were much better and the value-added volume of industry increased by 9.4 percent. 　　The economic returns of most trades have improved obviously, financial revenue has also expanded by a big margin, and foreign trade grew by 7.3 percent, with import growing by 17.5 percent. 　　Sustained, stable and healthy economic development has facilitated China's reforms, opening-up and social stability. 　　China gives a full play to both the market mechanism and macro-control, continuously adjusting the economy timely and properly through economic, legal and necessary administrative approaches. TopNews 1999-10-21 Page1 Full Story in Chinese