CASS expects 6.6% growth in 4th quarter

Advanced Search

The story appears on

Page A9

September 28, 2016

GET this page in PDF

Free for subscribers

View shopping cart

CASS expects 6.6% growth in 4th quarter

By (Cho Rei) | September 28, 2016, Wednesday |

Print Edition

A report released by the Chinese Academy of Social Sciences yesterday said China’s economic growth will touch 6.6 percent in the fourth quarter.

CASS’s full-year growth forecast remains at 6.7 percent.

The Consumer Price Index will add 2.1 percent for the next quarter, CASS said, with a full-year inflation forecast of 2 percent. China aims to hold this year’s consumer price growth at around 3 percent by the end of 2016.

“The GDP growth for the next quarter will slightly move down,” said Wang Hongju, a senior researcher at CASS. “Government should carry on effective financial policies and moderate monetary policies to push reforms, strengthen economic sustainability, and resolve potential risks.”

China’s economy grew 6.9 percent last year, the slowest in 25 years.

Finance

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

CASS expects 6.6% growth in 4th quarter

Email this to your friend