The continuous slowdown of China’s economy does not mean the country will be unable to reach its target of maintaining an at least 6.5-percent growth during the next five years, a former World Bank chief economist said in a newly published commentary. In its recently adopted 13th Five-Year Plan, Beijing pledged to double its gross domestic product ( GDP ) and average rural and urban household incomes from the 2010 levels, which entails an average annual growth rate of at least 6.5 percent during the next five years. The required minimum pace, albeit significantly slower than the 9.7 percent China has averaged since 1979, is […]