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Monday, December 15, 2014
He Jun: China's Slowdown Growth is Settled
ANBOUND

According to the latest data released by the central economic conference, China's economic features are obviously seen: the decline tendency of growth is settled as the downward pressure of economy is continuously increasing; the stress of slowing down real economic development is strong, while the domestic industry suffers from troubles; the structural transition is still in process, the old and excess industries are faltering, but the production sites of new industries are still under construction. The motivation to push forward China’s economic transition is unclear. So generally, China can not achieve the 7.5% growth rate target this year. The possibility of further easing macro policy seems much bigger.

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