Source: CCTV.com

04-16-2009 13:50

Our top story today was the release of key economic figures for the first quarter. Let's stay on those figures and take a closer look at what they could mean for the Chinese economy in the months ahead.

Professor Xiao Geng from Tsinghua University

Q1: The 6.1 percent figure for GDP growth falls within the range of analyst expectations. Meanwhile, we are seeing some signs of a bottoming out in the quarter, with healthy surges in other key indicators, such as industrial output and urban fixed asset investment. Taking the data in its entirety, do you think the worst is over?

Q2: China aims to achieve GDP growth of 8 percent this year. What are the biggest challenges you see, in terms of hitting this figure?

Q3. GDP growth took a hit from slowing exports, which is not something that Chinese authorities can control. But many analysts believe growth was kept up by the massive fiscal spending plan launched in November last year. In the light of the just-out Q1 figures, do you think China requires more stimulus measures at this point?

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Editor:Xiong Qu