According to Beijing Times, 23 institutions, including China Center for Economic Research of Beijing University, HSBC and CICC, forecast that the growth rate of China’s GDP is expected to reach 8.9% in the third quarter, at the same time, the CPI and the export growth will stay negative, in which, CPI decline will slow to -1%, and that of the exports will be -19.8%. 9 of the 23 institutions forecast Q3 GDP growth above 9%.