News ID: 2158
Published: 0506 GMT September 26, 2014

China's slower GDP growth worthwhile for long-term sustainability

A slower economic growth in China in the near term is a price worthwhile for a more sustainable growth and higher income in the future, Gerry Rice, spokesperson of the International Monetary Fund, said at a press conference.

According to the spokesperson, a moderate slowdown in China's economic growth rate was a desirable adjustment and necessary for the country to carry out reforms and other adjustments, Xinhua reported.

   
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