You are here

FUTURECHINA GLOBAL FORUM

China can maintain 7% growth: Tung Chee Hwa

He cites growing consumption, urbanisation and new jobs in service sector

BT_20150721_LKCHINA21_1783743.jpg
Old houses being demolished last year at Xintiandi area, one of the most expensive part of Shanghai. Mr Tung says increased urbanisation created ample space for China's economic development.

Singapore

CHINA is treading a "new normal" of slower growth but maintaining that targeted 7 per cent GDP growth over the long term is attainable, said Tung Chee Hwa, vice-chairman of China's top political advisory body.

Growing consumption, a ramp-up in the services sector that is

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom