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Recent forecast about China's GDP PDF Print E-mail

Saturday, 11 July 2009

On July 9, the State Information Center (SIC) said China's economy is expected to grow about 8 percent this year.

On July 8, the International Monetary Fund said Chinese economy is projected to grow 7.5 percent this year and 8.5 percent in 2010, both are one percentage point higher than projected in April.

In its China Quarterly Update issued on June 18, the World Bank raised its forecast for China's 2009 GDP growth rate to 7.2%, as compared with the 6.5% forecast made in March. 

China's gross domestic product (GDP) growth in the second quarter this year is forecast to accelerate close to 7.8 percent, Goldman Sachs Asia and the Beijing-based Gaohua Securities Company said in a report on July 8.

The National Bureau of Statistics said in June that China's GDP will grow close to eight percent in the second quarter.

China's gross domestic product grew 6.1 percent in the first quarter.  China is due to release its second-quarter GDP data in mid-July.

 
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