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China Daily Website

China urges rating agency to make 'accurate' assessment

Updated: 2012-12-18 10:21
( Xinhua)

BEIJING - A Chinese spokesperson Monday called for a more "comprehensive, solid and accurate" assessment of the country's economy outlook after a report by credit ratings agency Fitch.

At a daily press briefing, Foreign Ministry spokesperson Hua Chunying said, "Among the global economies, it can be widely seen that China's economy performs well."

Foreign investment that China attracted in the first half of the year topped the world, and some international leading banks, companies and thinktanks' recent reports hold that global investors are optimistic about the country's economy, Hua noted.

Media reported that Fitch Ratings said in a report that stable outlooks dominated emerging Asian sovereign ratings, and the region's two giants, China and India, are major exceptions to the stable outlook.

Hua also briefed on the central economic work conference which closed on Sunday, saying the meeting set the tone for economic policymaking next year and concluded that the development trend of China's economic fundamentals will be sound in the long term.

"We have the confidence and capacity to maintain sustainable and healthy economic development and all-round social progress," Hua said.

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