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Chinese economy adjusts to falling demand
Author : Zhang Sheng Source : 2015-07-03
China’s economy is cooling amid its “new normal” mode as reflected by falling indices, according to the Interim Report on Analysis and Outlook of China’s Macro-economy 2015 released at Renmin University of China on June 22. The report found growth of total demand is slowing and deficiency in demand is reaching its bottom line. The key periods for deepening economic adjustment and risk-taking have taken effect, the report found.
The Chinese link: http://news.cssn.cn/zx/yw/201506/t20150623_2042908.shtml
Translated by Du Mei
Revised by Tom Fearon
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