Quality Growth Needed to Build a Prosperous Society

China’s new Five-Year Plan emphasizes the quality of growth rather than speed as the country enters a period of ‘new normal’. Maintaining 6.5 percent of economic growth is a priority, but it is even more important to keep such a growth rate sustainable and to channel that growth toward improving the quality of life for the majority of Chinese citizens.

Niu Li, Director of Macro-economy Studies, State Information Center via CHINA US Focus http://ift.tt/1o7wgB6