China’s economic growth in the first quarter of the year is at a reasonable level and the country will maintain its macro-economic policies, the central bank said Sunday in a statement.
“China’s economy witnessed a steady beginning in the first quarter, and the year-on-year growth at 7.7 percent is in a reasonable range,” the People’s Bank of China cited governor Zhou Xiaochuan as saying at a meeting of the International Monetary and Financial Committee, the IMF’s policy-setting arm.
Facing global economic uncertainties, the Chinese government has enhanced macro-economic control and attached great importance to structural reforms, Zhou said.
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