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Danish ambassador to China: China's 7.5 pct GDP growth target appears realistic

By Huang Jin and Zhang Yuan (People's Daily Online)    15:02, March 12, 2014
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Friis Arne Petersen, Danish ambassador to China, holds a press conference in Danish embassy Monday to answer the questions related to China's "two sessions". (People's Daily Online/Huang Jin)

China's 7.5 percent GDP growth target appears realistic, said Friis Arne Petersen, Danish ambassador to China, at a press conference on Monday in Beijing.

The conference was held in the Danish Embassy to answer questions related to China's "two sessions".

In the 2014 government report Chinese Premier Li Keqiang revealed that one of the Chinese government's main targets is to increase GDP by 7.5 percent this year. This has attracted widespread attention and a variety of interpretations. The ambassador offered the view that the target demonstrated the Chinese government's emphasis on the qualitative content of its social and economic progress.

7.5 pct GDP growth target demonstrates Chinese government's emphasis on the qualitative content of its social and economic progress.

The past track record of economic growth created by China did not mean that the Chinese government had been completely successful, according to the ambassador. China still faced problems such as instability in market forces and urbanization and needed to give priority to these problems.

However he stressed that the 7.5 pct GDP growth target demonstrated the government's emphasis on the qualitative content of its social and economic progress.

High economic growth on its own is not desirable

High economic growth on its own is not desirable, the ambassador observed. High economic growth leads to many problems including environmental pollution. But the good news is that China's leaders view such problems honestly and discuss them openly, which is a good beginning.

He added that China is a large and complex society, so to achieve a sustainable economy in coming years will represent a significant challenge.

Denmark is willing to help China to address its problems

The Danish ambassador also pointed out that it is not easy to address problems caused by rapid economic growth. He emphasized that Denmark is willing to offer its ideas and its technology to help China to achieve a sustainable economy.

(Editor:HuangJin、Liang Jun)

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