Supportive policies to boost growth

Efforts to bolster corporate sector, lift consumption, says economist

China's efforts, focusing on supporting the corporate sector and consumption, will help achieve economic growth in excess of 6 percent this year, despite headwinds from a sluggish and uncertain external environment, a top economist said on Friday.

In an exclusive interview with China Daily, Pinelopi Goldberg, chief economist of the World Bank, said that supportive fiscal and monetary policies would support China's growth targets. However, global growth is likely to slow further this year due to downside risks from sharper-than-expected decelerations in major economies and bouts of financial market stress, she said before the China Development Forum (CDF) 2019 in Beijing.