Ma Kai Growth Quotations

Based on supply and demand analysis, it is possible to realize a target of 7.5 percent (average annual growth), which would be stable compared to the estimated 8.8 percent average annual growth

Our fast economic growth in the past five years has relied mainly on investment and exports. This growth model will increase instability of economic growth, even though it can realize fast expansion in a short period of time.

We will continue to tighten land sales and bank lending to strictly control the number of new projects and curb the excessive growth in fixed-asset investment to prevent a return to overheated investment. The pressure on resources and environment is mounting, the economy is still hampered by a number of shortages and there're still some unstable factors and uncertainties in development.

We do not want to pay too big a price tomorrow for growth today. If that is the case, it is not real development.

In some areas, investment is growing too quickly. Investment growth is still at a high level,

Taking into account of population growth, the goal of doubling per capita GDP is achievable if only annual growth reaches 7.5 percent in the 11th five-year plan period,