China's economy expected to grow between 6-7% in 2017: economist
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Li Yining. [Photo: People.cn]

Some Chinese economists are expecting the country to maintain stable growth in 2017.

Li Yining, dean emeritus of the Guanghua School of Management at the Peking University, predicted that growth of the world's second largest economy will remain between 6 percent to 7 percent next year.

"Economic growth will remain stable and may accelerate. The economy has picked up a little. But its growth rates have been slowing for years, and that trend cannot change overnight. We need to continue to restructure the economy, support underperforming industries, and encourage innovation and entrepreneurship next year." said Li Yining.

But the expert, during an economic forum over the weekend, also cautioned against potential external risks amid growing world economic uncertainty.

Zhu Min, former Deputy Managing Director of the International Monetary Fund (IMF), believes a major risk will be policy changes in the United States after Donald Trump's surprise election win.

"I think the Chinese economy will continue to grow steadily in 2017, but the major risks facing it will still be external risks, especially those from the United States. We should guard against global financial market fluctuations and fluctuations in global demand and growth resulting from economic policy changes in the U.S." said Zhu Min.

China's economy grew by a better-than-expected 6.7 percent in the third quarter of 2016, bringing it closer to its full-year target of between 6.5 percent and 7 percent.

Author： 　　　Source：CRI　　　 Editor：Yang Fan