USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

Chinese economic growth is "sustainable": OECD Secretary-General

Xinhua | Updated: 2017-09-16 14:02

TALLINN - The Chinese economy is growing much faster than originally expected and looks like "sustainable", Secretary-General of the Organization for Economic Cooperation and Development (OECD) Angel Gurria said on Friday.

After a press conference to present the latest OECD Economic Survey of Estonia, Gurria told Xinhua that the Chinese economy is now growing by almost 7 percent again and it looks like "sustainable", which is very important.

Gurria attended the second "1+6" Roundtable on Sept 12 in Beijing to look at all the recommendations about what the Chinese economy could do in order to make the growth not only more sustainable, but also more equitable, greener, more digital with greater productivity and competitiveness.

Gurria said, "We are sure that China's growth is sustainable. The issues like the bubbles that we have had, and some of the growth in credit are being reduced to make it more manageable. Right now, the diagnosis made is quite positive."

On Saturday, Gurria is scheduled to join the second day sessions of the two-day informal meeting of the EU economic and finance ministers held in the Estonian capital.

The Chinese economy grew 6.9 percent in the first and second quarters of this year.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US