China's Economy Runs within Reasonable Range: Official
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File photo of Xu Shaoshi, chairman of the National Development and Reform Commission [Photo: china.org.cn]

China's State Council has held a briefing regarding the country's national economic development for 2016.

Xu Shaoshi, chairman of the National Development and Reform Commission, says China's economy is running within a reasonable range.

"Although there were some changes in China's economic growth rate, it still runs within a reasonable range. During the past year, we all know, Chinese economy was stable as a whole. It was stable but in progress, and worked well."

Last year, China's GDP growth rate was 6.9 percent, the lowest of the past few years. This has triggered concerns over the overall performance of the economy.

But Xu says China is still an important driver of global economy.

"Last year, China's GDP growth rate was 6.9 percent, but it was in line with the official target of around 7 percent. Globally, China's economy growth is still on top. According to data released by the International Monetary Fund, the Chinese economy contributed over 25 percent to the global economic growth and it is still an important driver for the global economic growth."

He says the downward pressure on the world's second largest economy will remain in 2016.

Author： 　　　Source：CRI　　　 Editor：Yang Fan