China's economic fundamentals are good: govt



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The fundamentals of China`s economy remain good despite the global financial crisis, with the government confident of maintaining fast growth, a senior official said Friday.

`I think the central government`s decision to make significant changes to economic policy ... showed its firm determination and confidence in stabilising the economy and maintaining fast growth,` National Development and Reform Commission vice chairman Mu Hong told reporters.

`The origin of the financial crisis is outside the country and its impact on our financial system is limited. The fundamentals of our economy are still good.`



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