Economy won't be hurt after Olympics
By Wang Xu | China Daily | Updated: 2008-08-18 07:56
China will not suffer from a "post-Olympic recession", senior officials said yesterday, because of the scale and potential of its economy.
"The Olympic Games won't be a watershed for China's economic growth," Wang Yiming, vice-president of the Academy of Macroeconomic Research, said. The academy is affiliated to the National Development and Reform Commission, the country's top planning body.
"The fundamentals propelling the country's economic development over the past 30 years will remain" even after the Games, he said.
Photo