Economist: China’s economy has positive but limited effect on world economic development

Published: 20/03/2009 05:00

0

128 views

China’s economic recovery has positive but limited effect on world economic development, economist Fan Gang said at the China Development Forum 2009.

Fan Gang, director of the National Economics Research Institute of China Reform Foundation, delivers speech at the opening session of the academic summit of China’s Development and Reform in the Global Financial Crisis of China Development Forum 2009 in Beijing, capital of China, Mar. 21, 2009.(Xinhua Photo)

China is a developing country, and its economic recovery would have limited effect on world economy, which would pull out of downturn only after the recovery of major economies, said Fan, a member of the central bank’s monetary policy committee.

Fan said the country was likely to hit the 8-percent economic growth target this year.

China Development Forum 2009 runs here in Beijing from Saturday to Monday, with the theme of China’s Development and Reform in the Global Financial Crisis.

VietNamNet/Xinhuanet

Provide by Vietnam Travel

Economist: China’s economy has positive but limited effect on world economic development - International - News |  vietnam travel company

You can see more



enews & updates

Sign up to receive breaking news as well as receive other site updates!

Ads by Adonline