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Economic growth forecast at 10% |
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News Archive -
Industry Headline - September news
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(ShanghaiDaily, Sept 29, 2006) A SENIOR official predicted China's economy will grow at around 10 percent this year and the consumer price index will remain at 2 percent.
The economy will maintain its steady growth during the rest of the year despite a slowdown in fixed-asset investment and rising loans, said Xu Yifan, deputy director of the National Bureau of Statistics. The NBS said the growth rate for fixed-asset investment, a major indicator of economic growth, dropped 5.9 percentage points in August over the previous month to 21.5 percent.
source:ShanghaiDaily |