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Chinanews, Beijing, January 30 – Zheng Xinli, vice1 director of the Central Policy Research Office, describes China's current economic growth as “ideal”, for China has successfully avoided inflation and bottleneck2 while keeping high-speed growth.
Statistics show that China has kept two-digit growth since 2003, and its economic growth rate in 2006 even hit 10.7%. In the 1990s, a severe inflation and a deflation afterwards swept over China after a 4-year economic leap. “China has managed to control price level in the domestic market this time, which is a good sign,”said Zheng.
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