Dec 03 2004
China’s Economy Expected to Grow Stably in 2005
China’s economy is expected to maintain stable and rapid growth in 2005, said Zheng Jingping, spokesman of National Bureau of Statistics of China.
Zheng made the prediction when addressing the 2004 Annual Economic Conference of China IT Industry that opened Friday in Beijing.
China’s economic development has ushered in a rapid growth period, which is expected toe continue in 2005, according to Zheng.
Contributors for the vibrant momentum are the urbanization trend that comes with fast economic growth, the increasingly thriving chemical industry, and the burgeoning IT industry that serves as an impetus to upgrading traditional industries and trades, Zheng explained.
China is actively involved in international co-operation, and its concentrated efforts on industry internationalization have also contributed to economic success, Zheng said.
Comments Off on China’s Economy Expected to Grow Stably in 2005
