|
|
Article: UPDATE China to continue rapid economic growth in next 30 years, although credit system needs reform.
- Article from:
- China Business News
- Article date:
- October 28, 2004
CopyrightCOPYRIGHT 2004 Gale acknowledges Publisher's copyright in the text of the Publication and shall place users of that text on notice of that copyright interest. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
UPDATE China to continue rapid economic growth in next 30 years, although credit system needs reform
This story updates the earlier one, adding the second paragraph and amends the comments of Kenneth F. Garrison in the last paragraph.
Beijing. October 28 INTERFAX-CHINA - Lin Yifu, Director of the China Center for Economic Research of Peking University said China will continue to grow with a 9% compounded annual GDP growth rate over the next thirty years, yet its credit system remains a great challenge and needs to be properly developed. He made the remarks speaking at the First China International Credit and Risk Management Conference attended by ...