BN 02/14 07:03 *CHINA TO AVERAGE 7% GROWTH 2016-2020, FORMER PBOC ADVISER SAYS
China to Average 7% Growth 2016-2020, Former PBOC Adviser Says
2015-02-14 07:07:37.569 GMT
By Bloomberg News
(Bloomberg) -- China will maintain average annual growth of
about 7% in the five years from 2016 to 2020, Fan Gang, a
government economist and former adviser to the nation’s central
bank, said today.
* Per capita GDP may reach $12,000 by 2020: Fan
* China’s human capital, high savings ratio and technology
progress will ensure continued growth: Fan.
NOTE: Fan spoke at annual Chinese Economists 50 Forum in
Beijing.
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To contact Bloomberg News staff for this story:
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Jim McDonald at +81-3-3201-3190 or
jmcdonald8@bloomberg.net
2015-02-14 07:07:37.569 GMT
By Bloomberg News
(Bloomberg) -- China will maintain average annual growth of
about 7% in the five years from 2016 to 2020, Fan Gang, a
government economist and former adviser to the nation’s central
bank, said today.
* Per capita GDP may reach $12,000 by 2020: Fan
* China’s human capital, high savings ratio and technology
progress will ensure continued growth: Fan.
NOTE: Fan spoke at annual Chinese Economists 50 Forum in
Beijing.
Link to Company News:{PBCZ CH <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact Bloomberg News staff for this story:
Xin Zhou in Beijing at +86-10-6649-7731 or
xzhou68@bloomberg.net
To contact the editor responsible for this story:
Jim McDonald at +81-3-3201-3190 or
jmcdonald8@bloomberg.net