BEIJING: China’s chief economist Fan Jianping is expecting 7 percent economic growth for the country in 2015.
Fan Jianping who works at state information centre said the right now main cause of slowing growth is decrease in property development and exports. However, he said GDP expansion is seen 7.2 to 7.3 percent from October. People’s Bank of China Governor Xiaochuan vowed to stick with a prudent monetary stance. According to Chinese government, preference will be given to the policy improvements.
