China Slowing Growth To Boost "National Strength"...
Associated Press March 6, 2006 at 05:17 PM
China is aiming for slower growth, more widely spread prosperity and a cleaner environment following years of frenzied industrialization, senior economic planners said Monday.
After years of 9 percent-plus annual growth, China has set a target of 7.5 percent growth per year through 2011, boosting "national strength" and not just total output, said Ma Kai, minister in charge of the Cabinet's main planning agency.
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China is aiming for slower growth, more widely spread prosperity and a cleaner environment following years of frenzied industrialization, senior economic planners said Monday.
After years of 9 percent-plus annual growth, China has set a target of 7.5 percent growth per year through 2011, boosting "national strength" and not just total output, said Ma Kai, minister in charge of the Cabinet's main planning agency.
READ WHOLE STORY
posted by Kangaroo Brisbane Australia at 2:50 PM
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