|
Thursday, 15 April 2010 |
|
(Xinhua) Asian Development Bank (ADB) forecast in the Asian Development Outlook 2010 issued yesterday that Chinese economic growth will rise to 9.6% this year for the continuous implementation of the stimulus finance policy.
ADB claimed that Chinese economic growth is expected to continuously speed up this year under the support of the two-year RMB4t stimulus finance plan, of which the social fixed assets investment growth will slow down to 25%, and allowing of the rising prices of international crude oil and bulk commodities in the future two years, it is estimated that CPI will rise 3.6% on average in 2010 and up 3.2% on average in 2011. With the world’s economy recovering, Chinese export is expected to continuously recover in the future two years. |