China may miss its annual growth target of 7.5 percent this year, but an economic growth of slightly less than the target would be "fully acceptable" because it would help the world's second-largest economy avoid inflation and overcapacity, a senior professor at China's top state-run think tank said Friday.
The comments by Cai Fang, director of the Institute of Population and Labor Economics at the Chinese Academy of Social Sciences, were echoed by Chinese leaders, including Premier Li Keqiang, which hinted at some flexibility in achieving this year's growth target.