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Interview: What's a healthy inflation level for China?

CCTV.com

04-12-2016 04:54 BJT

For more insights, joining us in the studio is Huo Deming, Prof. of National School of Development at Peking University.

Q1. Now inflation in China recovers from a low level. What's a healthy inflation level for China that couples well with GDP growth between 6.5-7 percent?

Q2. You teach economist in Peking University. An ideal economy is defined by high growth, low inflation and low umployment. China's GDP growth is between 6.5-7 percent, inflation around 2 percent, umployment in urban areas around 5 percent. Is China anywhere near an ideal economy?

Q3. This Friday, China will release its first quarter GDP data, which will attract global attention. Analysts estimate a robust 6.7-6.8 percent growth, supported by a recovery in property. What's your opinion?

Q4. Do you think Chinese policy makers will have no choice but continue to boost the property market, in order to support the overall economy?

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