Vice-President Wang Qishan told economic leaders convening in Davos this week that China’s recent growth figures were “not low at all,” while warning against global protectionism, the SCMP reports.
Referring to the 6.6% growth rate published this week for 2018, Wang said: “We can definitely reach our target of delivering ‘modest prosperity’ for all Chinese people by 2020.”
“There are all sorts of views. Some are saying that China is approaching the end of its growth or we have already reached the end of our growth. If you ask us, we believe that we have not reached the end, we are actually pursuing more sustainable growth,” said Wang.
Wang went on to issue a subtle criticism of US policies towards China regarding trade.
“Many countries are increasingly looking inward when making policies; barriers to international trade and investment are increasing; and unilateralism, protectionism and populism are spreading in the world. All these are posing serious challenges to the international order. Will economic globalisation move forward or reverse course?” he said.