NPC deputies concerned about high growth targets  

中国迎新一轮经济增长周期 地方“投资冲动”隐现

中央经济工作会议将“稳中求进”作为今年经济工作的总基调，在全球经济复苏乏力、人口红利减弱、资源环境压力增大等问题夹击下，如何寻找新动力延续增长态势，成为中国经济面临的一道难题。

Beijing (CNS) -- Deputies to the National People's Congress (NPC) worried that the high aims of local governments might hamper sustainable growth and cause an investment rush.

Of the 31 provinces, autonomous regions and municipalities on the Chinese mainland, 24 local governments set growth targets above 10 percent, and 11 even aimed at increasing growth by 12 percent or higher, according to reports.

High economic growth targets may lead to an investment rush, which can add difficulties to development pattern transformation and structural adjustments, deputies said.

Cai Fang, an NPC deputy and director of the Institute of Population and Labor Economics at the Chinese Academy of Social Sciences, said local governments should focus on improving sustainable growth.

Bai Chong'en, an NPC deputy and associate dean of the School of Economics and Management, Tsinghua University, said sustainable growth can only be achieved by improving quality and efficiency.