Wed, September 15, 2010
Business > Economy > Summer Davos 2010

China's past high growth rate not to sustain: central bank advisor

2010-09-15 05:41:44 GMT2010-09-15 13:41:44 (Beijing Time)  Xinhua English

TIANJIN, Sept. 14 (Xinhua) -- China's high prosperity and growth achieved from 2003 to 2008 is not likely to sustain, and people shouldn't hold too much expectation of its economic growth potential, a Chinese central bank advisor said here Wednesday.

Xia Bin, a member of the monetary policy committee of the People's Bank of China, said during the fourth Summer Davos forum that China faces massive pressure to maintain a double-digit economic growth.

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