The International Monetary Fund thinks the Chinese economy is capable of hitting the target the government has set for growth this year, Reuters reports.

The news agency quotes IMF spokesman Gerry Rice as telling reporters that the Mainland has sufficient economic momentum for growth in gross domestic product to hit the Government’s target of 6.5 percent or so.

The report says Mr Rice added, however, that more reform was needed to make the growth more inclusive and sustainable.

“We continue to advise less focus on high GDP growth targets, and more focus on tackling excessive credit growth, hardening budget constraints on state-owned enterprises and boosting the social security system,” the news agency quotes Mr Rice as saying.

GDP grew by 6.7 percent last year.