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Mainland economy to grow 8% in 2013: expert

2013-03-02 08:33 Xinhua     Web Editor: Mo Hong'e comment

The chairman of the mainland-based China Center for International Economic Exchanges on Friday said the mainland's economy will see a mild year-on-year pick-up of 8 percent in 2013.

Zeng Peiyan, the chairman, said the mainland's inflation rate would be under control this year, rising between 3 percent and 4 percent from last year.

He made the remarks while meeting with Taiwanese entrepreneurs and business leaders.

He said the Chinese mainland's annual economic growth would likely maintain a rate of between 7 percent and 8 percent in the coming decade, but with higher quality and improved efficiency.

Zeng noted that the mainland needs to further deepen reforms in an effort to stabilize economic growth, transform the growth pattern, promote innovation and improve people's livelihood.

He made the five-day visit to Taiwan at the invitation of the Taiwan-based Cross-Straits Common Market Foundation.

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