China has no problem overcoming middle-income trap: social security fund chiefBEIJING (Reuters) - China has no problem overcoming the middle-income trap, a senior economic official said on Thursday, referring to the situation in which economies risk stagnation at middle-income levels and fail to graduate into the ranks of advanced economies. Lou Jiwei, the chairman of the national council for the social security fund, was speaking on the sidelines of the 19th China Communist Party Congress. He previously served as the Minister of Finance until being replaced and named to head the social security fund last November.  worldnews
china problem overcoming trap social security fund chiefbeijing reuters china problem overcoming trap senior economic official said thursday referring situation economies risk stagnation levels fail graduate ranks advanced economies lou jimei chairman national council social security fund speaking sidelines china communist party congress he previously served minister finance replaced named head social security fund last november worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: China has no problem overcoming middle-income trap: social security fund chiefBEIJING (Reuters) - China has no problem overcoming the middle-income trap, a senior economic official said on Thursday, referring to the situation in which economies risk stagnation at middle-income levels and fail to graduate into the ranks of advanced economies. Lou Jiwei, the chairman of the national council for the social security fund, was speaking on the sidelines of the 19th China Communist Party Congress. He previously served as the Minister of Finance until being replaced and named to head the social security fund last November.  worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: china problem overcoming trap social security fund chiefbeijing reuters china problem overcoming trap senior economic official said thursday referring situation economies risk stagnation levels fail graduate ranks advanced economies lou jimei chairman national council social security fund speaking sidelines china communist party congress he previously served minister finance replaced named head social security fund last november worldnews