China's GDP forecast to grow 9.5%

0 Comment(s)Print E-mail China.org.cn, July 1, 2011
Adjust font size:

China's economy is expected to grow 9.5 percent year on year in the first six months, compared with 11.1 percent in the same period of last year, the State Information Center said in a report on Thursday.

China's economic growth is expected to continue slowing in the second half and forecast a 9.3 percent rise, compared with 2010's 10.3 percent.

China's consumer price index (CPI), a gauge of inflation, is forecast to rise 5.3 percent for the first half and 4.9 percent for the year, said the report.

The country's CPI rose 5.5 percent in May on an annual basis, nearly reaching a three-year high, according to data released by the National Bureau of Statistics.

The center encouraged the Chinese government to carry on its prudent monetary policies to curb in inflation.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter