China economy 2016 in ten key phrases
Updated : 2017-01-03
Economy stabilizing
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Visitors lay on a golden blanket of ginkgo leaves in Xianyang, Shaanxi province, Nov 18, 2016. [Photo/VCG] |
China's capital market fluctuations at the start of 2016 signaled it was going to be a tough year. However, despite the rocky start, the economy is ending the year on a firm footing, and this year's growth target will be met.
In the first three quarters, GDP growth was 6.7 percent, within the government's target of between 6.5 and 7 percent.
At the Central Economic Work Conference held earlier this month, China's leaders said the economy has stayed in a proper range in 2016, but with more quality and efficiency.