The National Development and Reform Commission of the People's Republic of China (NDRC) is the 'state planner'
- Says approved 189 fixed asset investment projects last year
- China has completed targeted overcapacity cuts for coal, steel under current five-year plan
- China does not pursue high-speed growth and will pursue more high-quality growth
- China has capability to keep economy growing within a reasonable range
NDRC sounding calm and relaxed and unfussed by the slowing % rate of growth revelaed in the data yesterday fro Q4 GDP.
