CRI听力：National Bureau of Statistics: China's economic situation still good

China's National Bureau of Statistics says the country's economic situation remains good, and will maintain fast and steady growth despite the global financial turmoil.

Ma Jiantang, head of the Bureau, said the country's gross domestic product grew 9.9% year-on-year in the first three quarters. Though the growth rate is 2.3 percentage points lower than that of the same period of last year, it is still slightly higher than the 9.8% annual growth rate since China started its reform and opening-up policies 30 years ago.

He also said there are concrete signs showing China will see little possibility of higher inflation rate in the rest of the year as the country's Consumer Price Index, a key gauge of inflation, had a sharp drop for the fifth consecutive month in September.(WWw.hxen.net)

"Our foreign reserves rose some 370 billion US dollars in the first thee quarters. We have the strongest payment capability in the world. The employment situation in our country is basically good. We could say with confidence that the growth momentum of the Chinese economy remains unchanged. The economic situation in China is still good."

But Ma Jiantang also noted that the per capital GDP is still low in China, therefore there is great potential for the expansion of investment and domestic demand.

He said by reinforcing the macro economic control, the central government will adjust the economic structure to ensure a fast and steady growth.