You could say China is actually 20 percent richer than anybody initially thought.

How Chinese exports perform is largely driven by external demand rather than the exchange rate,

Investments will slow and producer prices should come down. What we'll see now is a modest slowdown.

The key to bolstering domestic consumption is to shore up citizens' personal incomes.

It's roughly in line with what people expected, and if you discount the Chinese New Year effect, the number would probably not look so high.

It's a challenging task but that shouldn't be an excuse for China not starting on it right now.

There's only one conclusion: Continuing to bolster labor-intensive production and exports is the only viable means for China to absorb its surplus labor and improve rural living standards.

This slowdown, together with new capacity, is likely to have a material impact on global demand for commodities over the next two years,

We expect growth in fixed investment to slow from 27 percent last year to 15 percent in 2004 and around 10 percent in 2005,

The government should create more jobs in the manufacturing and service sectors as part of it ongoing campaign to reduce the country's rural population.