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1、TranscriptofaPressConferenceontheConclusionoftheArticleIVConsultationMissionwithChinaBeijing,ChinaTuesdayMay26,2015DavidLipton,FirstDeputyManagingDirector,IMFMarkusRodlauer,DeputyDirector,AsiaandPacificDepartmentoftheIMFandMissionChiefforChinaSteveBarnett,ChinaDivisionChief,AsiaandPacificDe
2、partmentoftheIMFAlfredSchipke,IMF’sSeniorResidentRepresentativetoChinaDezhiMa,CommunicationsDepartmentWebcastofthepressbriefingPROCEEDINGSMR.MA:Welcometotoday’spressconferenceontheconclusionoftheIMF'sannualpolicyconsultationmissionwithChina,anannualexercisethatweconductwithallmembersalsokno
3、wnastheArticleIVconsultation.I'mDezhiMawiththeCommunicationsDepartmentoftheIMF.WeareverypleasedtodaytohavewithusMr.DavidLipton,theFirstDeputyManagingDirectorfromtheIMF.WealsohaveanumberofothercolleagueswhohaveworkedonChinaformanyyears.SittingonmyrighthandisSteveBarnett.He'stheDivisionChieffor
4、ChinaattheIMF'sAsian-PacificDepartment.SittingonSteve'srightisMarkusRodlauer.He'stheDeputyDirectoroftheAsian-PacificDepartmentoftheIMF.Andhe'salsotheMissionChiefforChina.AlfredShipke,anothercolleague,whoistheChiefRephereinBeijingwilljoinusshortly.ThepressbriefingwillbeconductedinEnglishwithtr
5、anslationintoChinese.Sopleasegrabanearphoneifyouneedone.ChanneloneisChineseandchanneltwoisEnglish.LetmealsoremindyouthatthisisontherecordbriefingonthepreliminaryfindingsofourannualassessmentoftheChineseeconomy.Mr.Liptonwilloffersomeopeningremarks.Wewillthenproceedtotakeyourquestions.MR.LIPTON
6、:Welcome,everybody.Welcometoourpressconference.It'sapleasuretobebackinBeijing.IwaslasthereinlateJanuarybuthaven'thadapressconferencesinceIwasherewithyouayearago.Duringmyshortvisitwhichcomesattheendofourteam'slengthypolicydialoguediscussions,IhavehadthepleasureofmeetingwithVicePremierMaKai,wit
7、hPeople'sBankofChinaGovernorZhouXiaochuanandwithChinaSecuritiesRegulationCommissionChairmanXiaoGang,amongotherseniorofficials.China'seconomyistransitioningtoanewnormalaimedatasaferandahigherquality,ifevenabitslower,growth.That'satransitiontha