The responsible person from the National Bureau of Statistics of China stated while having an interview with China Central Television (CCTV) on November 2 that at present, Chinese economy totally works well. Facing the domestic and overseas complicated situation, national economy will maintain the stable and rapid development. In the first three quarters, growth rate of Chinese gross domestic product (GDP) reached 9.9%. The report pointed out that though growth rate of GDP took on a decline trend, it’s still higher than the average annual growth rate of 9.8% since the reform and opening up. Growth rage of CPI has dropped for five consecutive months, indicating the apparent efficacy of curbing the inflation.
Ma Jiantang, Director of National Bureau of Statistics pointed out while receiving the interview that Chinese foreign exchange reserve has increased more than RMB300b and China is the best country of payment capacity worldwide.
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