Economists discuss China’s ‘new normal’ policy


Economists discuss China's "New Normal" policy

Leading economist Lin Yifu says China has the potential to sustain economic growth of 8 percent if it upgrades its economy. Many economists joined a press conference on China’s new economic policy called ‘new normal’ at the Great Hall of the People, Friday.
CCTV’s Zhang Nini has more.


  • China’s new GDP growth target is 7 percent for 2015, the slowest in two and a half decades.
  • Upgrading manufacturing industry is a key part of the government’s plan for reform.
  • An industrial upgrade means addressing deep and structural problems.