CCTV Script 03/09/14

— This is the script of CNBC's news report for China's CCTV on September 3, Wednesday.

Welcome to the CNBC Business Daily, I'm Qian Chen.

What's the biggest headache for policymakers?

From the Fed and ECB potentially being behind the curve, to the outbreak of Ebola, to rising geopolitical tensions ... there are a lot of risk events to choose from.

CNBC's Martin Soong put that to the IMF's deputy managing Director, Zhu Min in an exclusive interview.

[Zhu Min / Deputy Managing Director, International Monetary Fund]

Min: I think the risks that you probably mentioned are right, and is very much diversified today, but I don't think we will see the rates rising very soon and very quickly because the growth is still relatively weak. If we don't adjust our growth rates from 3.7 to 3.4 in April, and we observed the first half of the year, global growth, it's surprisingly weak. And given weaker growth and accommodating monetary policies are still needed for most of advanced economy, so I think it is very important to keep the rates still low. I think that's to support the growth. I think growth and job creation are still the key challenges for global economy. But meanwhile, also we see, because of ample liquidity, we see the risk appetite increase, we see the long-term sort of unclear uncertainty for the people looking for the yield curve, who are looking for the returns in the market, it is really moving around. So this is important to also observe the risks associated with low interest rates in financial sectors

Martin: You know, Christine Lagarde, not so long ago, warned about the risk of a hard-landing in your country, in China. That was little while ago, since then we've had more data, etc. - how is China's recovery and stability shaping up in your view right now?

Min: We noticed in August, PMI drop a little bit from China. But I think overall the Chinese economy runs quite well, and we expect the Chinese growth rates for this year is roughly from 7.2 to 7.5. The government announced its 7.5 target. We see many similar policies, and investments pick it up. And we see consensus pick it up as well, and overall the growth is moving into the same direction. And inflation rate is still way low, around 2.3-2.4. So I think that overall China will be able to manage proper growth rate at around 7.5 this year.

I'm Qian Chen, reporting from CNBC's Asian headquarters.

Follow us on Twitter: @CNBCWorld