Economists warn of future woes

Leading economists have warned of "a complicated and sensitive stage" facing the Chinese economy due to a combination of domestic hurdles and external financial and price uncertainties.

They suggested the central government should take "flexible, comprehensive and timely approaches" to readjust its policy portfolio amid global oil, grain and resource price surge.

Led by the central government senior advisor Zhang Zhuoyuan, economists nationwide have expressed the urgency at a weekend forum on China's economic growth and business cycle, organized by the Institute of Economy of the Chinese Academy of Social Sciences.