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Nobel prize winners upbeat on China's innovation and growth

(Xinhua) Updated: 2016-04-15 09:14

Nobel prize winners upbeat on China's innovation and growth

Christopher Pissarides, laureate of the 2010 Nobel Prize in Economics, delivers a speech in Wuhan University at its 120th anniversary in Wuhan, Central China's Hubei province, November 29 2013. [Photo/IC]

Christopher Pissarides, also a Nobel laureate, said last month at an economic forum held at Peking University that there's no factual basis to be pessimistic about the Chinese economy.

"What I see is that China is actively promoting its economic restructuring," said the British-Cypriot economist, "and I'm full of confidence about the prospect of the Chinese economy."

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