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China's Strong First-quarter Growth Highlights Positive Signs: Finance Minister

Apr 24 , 2017

An increasing number of positive signs were seen in the Chinese economy in the first quarter GDP report, finance minister Xiao Jie said in a meeting in Washington last week.

In a notice published on the Ministry of Finance's website on Saturday, Xiao told a G20 summit meeting of the world's top economies that China is making progress on supply-side structural reforms.

Over the past two years, Beijing has promoted supply-side reforms aimed at reducing excess industrial capacity and cutting its reliance on debt-driven growth policies.

China is confident of reaching the government's 6.5 percent GDP growth target this year, Xiao said.

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