Re­form blue­print should fuel na­tion’s growth: Moody’s

China Daily (Hong Kong) - - BUSINESSDIGEST -

China will see GDP grow in 2014 at the same rate as this year, while in the long term, a slower but sta­ble growth is achiev­able as re­form takes hold in the coun­try, Moody’s said in a Wed­nes­day brief­ing. “The growth model shows that since the re­form and open­ing-up of 1978, China’s growth is highly volatile and tends to de­cel­er­ate. But as it de­cel­er­ates, re­forms will sup­port it. China could be fac­ing that now, and since the au­thor­i­ties put the re­form into place, growth will re­main at 7 to 8 per­cent per

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