Business / Economy

China can achieve 7% growth in 2015

(Xinhua) Updated: 2015-01-29 09:27

BEIJING - China's GDP will grow by around 7 percent in 2015 and it will be able to create enough jobs in the year, an expert predicted on Wednesday.

"Considering factors in consumption, investment and export, China can achieve a GDP growth rate around 7 percent," said Yao Jingyuan, a researcher with the Councilor's Office of the State Council, during a press salon in Beijing.

Yao is optimistic about China's exports, noting the downward pressure on exports has goaded Chinese enterprises to upgrade their facilities and innovate in technology.

Yao said that some large infrastructure projects including airports, railway lines and deep-water harbors have been given the green light by the government since the fourth quarter of last year.

Hot Topics

Editor's Picks