Chinese economy shows signs of "soft landing": report

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.

Source: Xinhua