World experts upbeat about stability, resilience of Chinese economy

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Xinhua, Beijing :
Amid complicated international landscape and new changes in China’s domestic economy, experts around the world believe that the Chinese government has sufficient policy tools to tap its inherent dynamism so as to secure robust and resilient economic growth.
These remarks came following the Chinese government’s recent proposal of a target to “stabilize the employment, finance, foreign trade, foreign investment, investment and expectations”, collectively known as the “six stabilities”.
Since the beginning of this year, despite fluctuations of certain economic indicators, the Chinese economy has registered stable growth, with the four major macroeconomic indicators of economic growth, employment, CPI and international balance of payments basically meeting expectations.
In its latest World Economic Outlook report released on Oct. 8, the International Monetary Fund (IMF) has kept China’s economic growth forecast unchanged at 6.6 percent.
IMF Chief Economist Maurice Obstfeld recently said that the Chinese economy saw robust performance in the first half of this year, and that the recent figures which might not be so ideal are still in line with expectations, considering that measures such as strengthening financial supervision and preventing risks would drag down the economic growth by a certain degree.
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