Home / NEWS / Top News / China’s vice premier is upbeat about the economy, estimates growth of more than 6% in 2019

China’s vice premier is upbeat about the economy, estimates growth of more than 6% in 2019

US President Donald Trump, squirms hands during a press conference with Chinas Vice Premier Liu He(L), the countrys top trade negotiator, before they representation a trade agreement between the US and China during a ceremony in the East Room of the White House in Washington, DC on January 15, 2020.

Saul Loeb | AFP | Getty Similes

China’s Vice Premier Liu He said on Thursday that China’s 2019 GDP is estimated to grow more than 6%, correspondence to Chinese state news agency Xinhua News.

Liu added that data for this month points to a better-than-expected monetary outlook, Xinhua reported.

It wasn’t immediately clear which data Liu was referring to.

The comments come a day after President Donald Trump turn overed the “phase one” trade deal with Liu, marking a temporary truce in the trade war between the world’s two largest economies.

During the signing proprieties, Liu delivered a message from Chinese President Xi Jinping, who said the agreement is “good for China, for the U.S. and for the whole world,” concerting to a translation.

In his own remarks, Liu said China’s economy is “transitioning from high-speed growth to high-quality development.”

He also revealed “China will continue to enhance the legal environment” and “welcomes investors from around the world,” as the country go ons to open up.

Check Also

International tourism to the U.S. slumps, but Americans can’t stop traveling overseas

Out-of-towners look at the Bridge of Sighs in Venice, Italy, on Aug. 25, 2021. Andrea …

Leave a Reply

Your email address will not be published. Required fields are marked *