External Pressures, Population Threaten China Growth, Key Official Says

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External pressures and China’s aging population are two key economic hurdles facing the country over the medium to longer term, according to a top mainland policymaker.

China needs to respond to the “joint suppression from the external world” by turning adversity into motivation, said Han Wenxiu, executive deputy director of the General Office of the Central Financial and Economic Affairs Commission. This can be done by making breakthroughs in technology and innovation, he told the China Development Forum in Beijing on Saturday.