China's GDP to grow 9.6% in 2011: ADB

Xinhua, April 6, 2011

China's economy is expected to grow 9.6 percent in 2011, the Asian Development Bank said in an annual report released Wednesday.

With inflation pressures building and tightened monetary policy, China's gross domestic product (GDP) growth was forecast to moderate this year, compared with a growth of 10.3 percent in 2010, while the new five-year plan would put more emphasis on consumption and services as drivers of growth, said the Manila-based lender in its 2011 Asian Development Outlook.