| Report predicts China's GDP grow rate to reach 10.9% in 2007 |
| Saturday,April 21,2007 Posted: 17:07 BJT(0907 GMT) chinaview |
BEIJING, April 20 (Xinhua) -- A Blue Paper issued by the Chinese Academy of Social Sciences (CASS) here on Friday predicted China's growth rate of gross domestic product (GDP) will reach 10.9 percent in 2007. The figure is slightly higher than last year's GDP growth rate of 10.7 percent and much higher than the targeted annual rate of 7.5 percent set for China's 11th five year plan period (2006-2010). The paper, which is about prediction on China's economic prospects in 2007, predicted that the growth rate of added value for primary, secondary and tertiary sectors will be around 5 percent, 12.9 percent and 10.1 percent respectively this year. China's GDP totaled 5.03 trillion yuan (653 billion U.S. dollars) in the first quarter of this year, up 11.1 percent over the same period last year, according to latest figures provided by the National Bureau of Statistics. The growth rate was 0.7 percentage points higher than the year-earlier level and 0.4 percentage points higher than the level for the whole of last year. |
| (Source: English Site of Lagos) |
 | China chops back economic development zones 2007-04-20 16:52 |
| China's industrial added value up 18.3% in 1st quarter 2007-04-19 17:22 |
| China's GDP grows 11.1% in 1st quarter 2007-04-19 17:21 |
| Strong growth for China Life 2007-04-18 16:46 |
| China Life posts nearly 76% growth in net profits 2007-04-18 16:44 |
| China's No. 1 home appliance retailer reports soaring sales revenue 2007-04-18 16:41 |
| China's telcos likely to boost spending by 18% 2007-04-17 17:47 |
| Lloyd's launches business in China 2007-04-17 17:40 |
| Vietnam to focus on 4 categories of exports to China 2007-04-16 15:46 |
| China Mobile outlines a high-tech power play 2007-04-16 15:44 |
All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".
All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.
