ADB economist lauds efforts to sustain growth

China is expected to maintain stable growth this year, ensuring the transition to high-quality development featuring green technology and a more balanced growth model, said a senior economist with the Asian Development Bank on Tuesday.

Akiko Terada-Hagiwara, head of the economics and strategy unit of the ADB resident mission in China, said in an exclusive interview with China Daily that the country's "supportive and accommodative" fiscal and monetary policies will drive investment to sustain growth momentum for the year. Besides, there is still policy room for the country to strengthen support for economic growth, when necessary, she said.

"We understand that the government has announced additional stimulus on the fiscal side, which, for sure, will drive investment, particularly public investment," Terada-Hagiwara said, adding that monetary policy is also expected to further accommodate fiscal policy, boosting the nation's economic recovery.