China to maintain steady growth

Expert says nation's economy set for stable development during 2020s

China's economy is likely to grow by around 5 to 6 percent in the 2020s, remaining at the medium-pace growth section of the L-shape pattern, a senior researcher at a government think tank said on Thursday.

"The economy has entered a moderate growth track and will continue to grow at the bottom part of the L-shape pattern," said Liu Shijin, vice-president of the China Development Research Foundation during the China Finance Annual Forum.