Economy positioned for healthy future, experts say
By Zhou Lanxu, Liu Weifeng and Ma Zhiping | China Daily | Updated: 2019-03-30 07:01
China can push forward deleveraging and deal with short-term downside pressure in a coordinated way to ensure sustainable and high-quality economic growth, experts said on Friday.
"Deleveraging does not necessarily lead to slower economic growth. It depends on which approach we choose to lower the leverage," said Hu Xiaolian, chair of the Export-Import Bank of China at the Boao Forum for Asia, which concluded on Friday.
As China's deleveraging moves support supply-side structural reforms, deleveraging and economic growth actually go hand in hand in many aspects, Hu said.
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