China's overheated economy is showing signs of making a "soft landing",
thanks to the government's macro control policies, particularly the tightening
of land and credit supply, a government think tank said in a report.
"Our view is that the policies and measures taken in the latest round of
macro control moves are appropriate and effective, and that the economy is
likely to make a soft landing," says the report composed by the economic
research institute under the National Development and Reform Commission, China's
top planning body.
The report reflects findings from a field study in Zibo city of Shandong
Province in east China and Baoding City in north China's Hebei
province.