China's 2017 growth shows "high gold content", says NDRC - Xinhua

 Xinhua quotes Yan Pengcheng, the spokesperson for the National Development and Reform Commission (NDRC), as saying that the 6.9-percent GDP growth for 2017 showed high gold content, i.e. the growth has been the result of positive changes in economic structure, new growth sources, market vitality, and improving macroeconomic regulation.

"China's sound economic performance in 2017 was not the result of just one year, but the accumulation of arduous and lasting efforts since the 18th National Congress of the Communist Party of China," Yan Pengcheng said at a press conference. 

Key quotes (Source: Xinhua)

We have paid more attention to the functions of expectation management in macroeconomic control, raised policy transparency, and defused hidden dangers in the economy in a timely manner

Looking ahead, conditions exist for continuous steady economic growth with sound momentum in 2018

 

 

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