The Chinese economy will maintain growth between 8 percent and 9 percent in next two years provided the macro control policy can be carried out effectively, said economist Fan Gang at a summit forum on June 17, 2005.

According to Fan, the Chinese economy began to experience the so-called overheat since 2003. From 2003 to 2004 the central government adopted a series of macro control measures. These measures have taken effects this year.

The economy tends to grow reasonably fast. Big changes have taken place in supply and demand relation. The macro economic situation in China is on the track towards stable and high-speed growth in general.

By People's Daily Online