Right debt control 'path' will not hamper growth

China's economic growth will not be derailed by deleveraging moves as the government will implement such efforts at the proper pace, according to senior officials with the nation's top economic regulator.

"Reducing leverage will be helpful to eliminate potential risks that affect the healthy development of the economy," said Chen Hongwan, head of the department of fiscal and financial affairs with the National Development and Reform Commission, on Thursday.

"It is not appropriate to simply put deleveraging on the opposite side of economic growth. Efforts such as shutting down zombie enterprises and promoting market-based debt-to-equity swap programs will optimize the efficiency of resource allocation," he said.