Xinhua, Beijing :
The Chinese economy is likely to hit bottom in 2017 as several factors will combine to support the bottoming process, a Chinese economist said Saturday.
If investment, supply-side structural reforms and the fostering of new growth momentum achieve desired results, there is a high probability that the economy may bottom this year, said Wang Yiming, deputy director of the development research center of the State Council.
On the demand side, manufacturing investment is on the up, while infrastructure spending will remain strong, which mean overall investment will stabilize in 2017, he said.
The Chinese economy is likely to hit bottom in 2017 as several factors will combine to support the bottoming process, a Chinese economist said Saturday.
If investment, supply-side structural reforms and the fostering of new growth momentum achieve desired results, there is a high probability that the economy may bottom this year, said Wang Yiming, deputy director of the development research center of the State Council.
On the demand side, manufacturing investment is on the up, while infrastructure spending will remain strong, which mean overall investment will stabilize in 2017, he said.
