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Sunday, February 20, 2000, updated at 10:20(GMT+8)
Business
China Confident in Strong Economic Growth
China is confident it can solve the problems in its economy and maintain strong growth for a sustained period.
Minister Zeng Peiyan of the State Development Planning Commission made the remark at a seminar for postgraduates on development in the new century. He stated that the most important element in maintaining growth momentum is to ensure political and social stability in China.
Zeng Peiyan said that China has huge market potential. Readjusting the country's industrial structure and spurring consumption will contribute greatly to economic growth.
China's expected entry into the World Trade Organization will help the country to make better use of its resources to promote economic growth.
He added that great effort is needed to improve the quality and efficiency of China's economy, develop the western region, make advances in education and science, and adhere to the strategy of sustainable socioeconomic development.
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