Chinese Vice President Li Yuanchao: China will remain the global growth engine

Market news

21 January 2016

Chinese Vice President Li Yuanchao: China will remain the global growth engine

Chinese Vice President Li Yuanchao said in an interview with Bloomberg News that China will remain the global growth engine.

He pointed out that the country's economy is expected to grow between 6% and 7% over the next five years.

Li noted that the weak global demand weighs on the Chinese economy, but he added that the country's economy "has enormous development potential".

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