Slow growth will test China's new leaders: Economists

[IND151]

If we can maintain 7.2% average growth for the next 13 years I will actually be very happy with that.

Remember that our base economic size is now 8.3 trillion. So in actual terms, with 7-8% real growth we are now adding far more to our economy, compared to when we were growing at 12-14% in the 2004-2007 period.

that's true.

and slowing down of Chinese economy is due to various factors, one is any economy slows down when it becomes as much large as Chinese economy

 

[Raphael]

double digit growth is basically impossible at our level - it is only possible for countries in the nascent industrialization stages like we were. like chinese-dragon, i will be very happy if we can maintain 7.2% growth till 2025.