Economist Joseph Stiglitz takes part in a panel during the Clinton Global Initiative's annual meeting in New York, September 28, 2015. [Photo/Agencies] |
In recent interviews with Xinhua, winners of the Nobel Prize in Economics -- Joseph Stiglitz, Michael Spence and Edmund Phelps -- all agreed that China's annual growth target of 6.5 percent to 7 percent for 2016, as announced by Premier Li Keqiang in March, is within a viable range.
"I think the growth target is realistic," said Spence. He also expressed the hope that China could focus more on the quality of the growth.