Quality Growth Needed To Drive Recovery - NDRC Deputy Director

China must grow at a reasonable level that is conducive to high quality growth, while ensuring the rate is fast enough to support the expansion of employment and improvements to people’s livelihoods, according to Zhao Chenxin, deputy director of the National Development and Reform Commission (NDRC). Speaking at the National People's Congress, Zhao said China’s sound economic fundamentals had not changed, noting 27 of 31 provinces had set GDP growth targets higher than 5% as evidence of a strong recovery this year. He said the NDRC would focus on expanding domestic demand with deepening supply-side structural reforms, as well as supporting consumption. (Source Yicai.com.