China may see GDP up 9.65 percent
Post Date: 05 Jul 2011 Viewed: 444
China`s GDP may grow about 9.65 percent annually in 2011, CPI up 4.7 percent annually, the Institute of Economics Research of Renmin University of China said in report issued on Saturday.
The financial base of property developers have been deteriorating, it is hard to say all of them can sustain to the point of market rollback, according to the report.
The economists of Renmin University of China anticipated that the slowdown of China`s economy is not of substantiality. China may not see stagflation in 2011. The investment keeps high, we could see no any deep slide in this year, and the domestic consumptions may grow 17.1 percent while the trade surplus may stay at 130 billion yuan.