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Tuesday, March 06, 2001, updated at 09:51(GMT+8)
Business  

China's Economic Growth Goal Is Realistic: Finnish Media

The goal for China to attain in the next five years as announced by Chinese Premier Zhu Rongji at the current session of the National People's Congress is "realistic and ambitious," according to a report of an Asia-based correspondent of the Finnish News Agency Monday.

The report says that on the basis of an eight percent economic growth rate scored last year, Premier Zhu predicted that China's economy will grow eight percent this year.

Zhu emphasized that the industrial structural adjustment and upgrading are the focus of the strategic adjustment of China's economic structure.

To this end, China will speed up the establishment and improvement of a modern enterprise system and continue deepening the restructuring of state-owned enterprises, so as to enable enterprises to truly become the principal part of market competition.

Analysts agree that the new significance of China's 10th Five-Year Plan lies in fewer pre-set absolute targets and greater independent managerial authority of enterprises.

The report notes that on the Taiwan question, China will continue pursuing the "peaceful reunification and one country, two systems" principle and the eight-point proposition spelled out by President Jiang Zemin.







In This Section
 

The goal for China to attain in the next five years as announced by Chinese Premier Zhu Rongji at the current session of the National People's Congress is "realistic and ambitious," according to a report of an Asia-based correspondent of the Finnish News Agency Monday.

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