China's macroeconomic regulation in the past five years was "effective" and promoted a fast yet steady growth of the economy, development chief Ma Kai said on Thursday.
Ma Kai, Chinese minister of National Development and Reform Commission, answers a question from journalists during a press conference on economic and social development and macroeconomic regulation held by the First Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 6, 2008. "If you admit China has achieved sound economic and social development but at the same time say macroeconomic regulation fails to be effective, that doesn't accord with logic or facts," said Ma, minister in charge of the National Development and Reform Commission (NDRC).
Ma made the remarks at a press conference on the sideline of the annual session of the National People's Congress (NPC), the top legislature.
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