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Economic slowdown is not bad news

Updated: 2013-07-18 09:35
( China Daily)

Comment on "Economic slowdown 'due to rebalancing'" (China Daily, July 16)

People should change their views on the so-called economic slowdown in China. Rapid economic growth is always welcome, but we should ensure that it is healthy and steady. A car traveling at high speed without a brake is always dangerous.

GDP-oriented economic development has cost us a lot in terms of people's health, a well-balanced economic structure and the environment.

People have to decide whether an unfettered economic growth is good in the long term for China and the Chinese people. If a slight slowdown in economic growth can effectively rebalance the economy, we should accept and adapt to it.

Mo Qihua, via e-mail

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