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China would be able to sustain economic growth of around 6-7 percent in the next three to five years, Yi Gang, Vice-Governor of the People's Bank of China, said on Saturday.
The comments, made in a speech at a conference in Beijing, came the day after China's central bank cut interest rates for the sixth time in less than a year.
Monetary policy easing in the world's second-largest economy is at its most aggressive since the 2008/09 financial crisis, as growth looks set to slip to a 25-year-low this year of under 7 percent.
The Vice-Governor said the PBOC planned to keep interest rates at a reasonable level to reduce the corporate debt burden, and noted that interest rate liberalization does not mean that the central bank would reduce regulation of rates.
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