An economist1 from China Central Bank says they are optimistic that China will realize its goal of annual economic growth of around 7 percent.
中国人民银行一位经济学家称，他们对于中国实现年度经济增长7%的目标持乐观态度。
The remarks come after the International
Monetary2 Fund predicted China's economic growth rate could slow to 6.8 percent this year due to slower investment.
Economist Ma Jun calls the IMF forecast a bit cautious, saying that the Chinese economy will pick up in the second half of the year thanks to active
fiscal3 and other supportive policies.
Among all measures, Ma Jun stresses the effect of China's housing policies and local governments' debt-swap programs.
Despite a possible slower growth, the IMF added in its Friday's report that the Chinese economy could
transit4 to a more sustainable one, and
pivots5 towards more labor-intensive service
sector6.
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