Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Home > News Brief > China
China's economy expected to up 10.5 percent in 2006
Latest Updated by 2006-10-01 09:44:50
Related News
Taiwan compatriots urged to oppose "de jure independence" of Taiwan
China's economy expected to up 10.5 percent in 2006
Tiananmen Square offers visitors visual feast

China's economy is expected to grow by 10.5 percent and the consumer price index by 1.5 percent in 2006, according to the latest report published by a research group under the People's Bank of China, the central bank.

The report also projects the country's gross domestic product (GDP) to grow by 9.5 percent in the first half of 2007, with the CPI up 1.8 percent.

China's economy will continue to maintain a steady and fast growth, though the growth rate might slow down, the report said.

The country's consumption will keep a fast growth in the future; the growth rate of domestic investment will slow down but is still on the fast track; the growth rate of export will gradually fall and net export will decrease for reasons of slowing global economy and rising trade frictions, analyzed the report.

China's economy grew at 10.2 percent last year and the growth rate was 10.9 percent in the first half of this year. Since the second half of last year, the government has strived to cool the economy before it is overheated.

The growth rate of fixed assets investment, a major indicator of economic growth, dropped 5.9 percentage points from July to 21.5 percent in August, as reported by China's National Bureau of Statistics.

Editor: Donald

By: Source: China View website
Previous:  Taiwan compatriots urged to oppose "de jure independence" of Taiwan  Next:Tiananmen Square offers visitors visual feast

Williams F1 Visits Guangzhou Nico Rosberg Makes a Record

300 wed in mass ceremony

Shenzhen Nantou Ancient City

Nuclear power plant to boost equipment manufacturing industry

Top three of Super Girl Contest came out
This site contains material from other media for content enrichment purpose only.
The website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of are those of the authors and/or publishers. The website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact within thirty (30) days. Email:
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips