Historic transition
Source: Xinhua |
March 21, 2016, Monday
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Print Edition
Print Edition
THE 13th Five-Year Plan will help China achieve more inclusive and sustainable growth, IMF Managing Director Christine Lagarde told the China Development Forum yesterday.
China is going through “a historic transition” that is “good for China and good for the world,” she said.
It needs to strike a balance between shifting to a slower but more sustainable pace of growth, and advancing structural reforms, she said.
She said she is hopeful about the government encouraging modernization and entrepreneurship, which “will generate new drivers of growth.”
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