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Sustainable and realistic growth rate

Updated: Mar 24,2015 4:00 PM     english.gov.cn

Of course it is important in that the Chinese economy plays such an important role in the world economy. If Chinese economic growth slows down a bit, that is felt everywhere else. So it is important, but it is not dramatic. I think that a growth rate has been discussed in the “new normal”, which is quite sustainable and realistic. So no time for gloom and doom.

-- Willem Adema,

senior economist and director for Employment, Labour and Social Affairs of the OECD