date:May 10, 2013
growth quality, settling the structural reform budget for the year on Monday and highlighting 11 areas, including fiscal, financial and social welfare systems.
Pan Jiancheng, deputy director-general at the China Economic Monitoring and Analysis Center under the NBS, said the earlier rapid growth of investment caused excessive production capacity, especially in heavy industry.
The moderate slowdown can benefit the long-term development, and reduce pressures on resources and the environment, he