Mainland to enjoy annual growth rate of 7% until 2020  

国务院发展研究中心：内地经济未来年均可增7%左右

国务院发展研究中心主任李伟25日在香港表示，今后一段时期内地经济增速下降这一趋势难以避免，但内地经济发展仍有巨大潜力。到2020年，仍可以保持7%左右的增速。

Hong Kong (CNS) -- The mainland's economy can enjoy an annual growth rate of 7 percent until 2020, according to Li Wei, director of the Development Research Center (DRC) at the State Council.

Li made the remarks at a summit held on Thursday by Hong Kong Economic Times.

Modernization of infrastructure and upgrades in the manufacturing industry on the mainland will give a boost to the demand for investments.

The income rise of mainland residents will bring huge potential to the growth of consumption, Li said.

High-quality talents on the mainland will also help support its innovation-driven economy, Li added.

Li suggested that moving forward, the mainland should enhance cooperation with Taiwan, Hong Kong, and Macao to promote comprehensive competitiveness.