Tech innovation, reform, opening-up key to sustaining 5% economic growth rate

China should be able to sustain an economic growth rate of about 5 percent by achieving a relatively high growth in total factor productivity, or TFP, as the country accelerates efforts to foster new quality productive forces via technological innovation and reform and opening-up, said a renowned economist.

Liu Qiao, dean of Peking University's Guanghua School of Management, told an exclusive interview with China Daily that, "China is an undeniable candidate to make a growth miracle".