Related News
China's economy slows down, inflation moves up
By Wang Yanlin |
October 21, 2010, Thursday
|
Online Edition
Online Edition
CHINA'S gross domestic product grew 9.6 percent from a year earlier in the third quarter to 26.8 trillion yuan (US$4 trillion), moderating further from the pace of 10.3 percent in the first six months, the National Bureau of Statistics said today.
Consumer Price Index, the main gauge of inflation, jumped to a two-year high of 3.6 percent in September, up from August's rise of 3.5 percent. The government's target is to keep the yearly CPI under 3.5 percent. The average CPI in the first nine months is 2.9 percent.
Industrial production in the third quarter rose 13.5 percent, down from the increase of 15.9 percent between April and June. But pace of softening has been stabilized from the previous quarters when the output reported a gain of 19.6 percent in the first three months.
Fixed-asset investment in the first three quarters expanded 24 percent to 19.2 trillion yuan, down from the pace of 25 percent in the first half.
Consumer Price Index, the main gauge of inflation, jumped to a two-year high of 3.6 percent in September, up from August's rise of 3.5 percent. The government's target is to keep the yearly CPI under 3.5 percent. The average CPI in the first nine months is 2.9 percent.
Industrial production in the third quarter rose 13.5 percent, down from the increase of 15.9 percent between April and June. But pace of softening has been stabilized from the previous quarters when the output reported a gain of 19.6 percent in the first three months.
Fixed-asset investment in the first three quarters expanded 24 percent to 19.2 trillion yuan, down from the pace of 25 percent in the first half.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
