FXStreet (Mumbai) - Xu Shaoshi, head of China's National Development and Reform Commission (NDRC), the powerful economic planner, said there are increasingly positive signs in the economy, noting strong consumption and rebounding industrial output in August as well as clear recoveries in electricity production and railway transportation.
Xu said China's good economic fundamentals haven't change and that the government will use more precise economic controls to stabilize growth.
For more information, read our latest forex news.
No comments:
Post a Comment