China's 2019 growth target appropriate for quality growth -- IMF
WASHINGTON, March 7 (Xinhua) -- China's economic growth target for this year will allow policy makers to focus on improving the quality of growth, an International Monetary Fund (IMF) spokesman said Thursday.
"As China shifts the economic model from less export orientation to more domestic consumption, (in regards to) the quality quantity issue, this is an appropriate step," Gerry Rice, director of the IMF's communications department, said at a press briefing.
Rice told Xinhua the resetting of the growth target will also help avoid creating too much debt.