@ehBeth,
Thanks.
It is on the title:
CASS: GOP Growth Rate to Reach 8.3% with Less Inflation This Year
Docofsoul
Chinese Academy of Social Sciences (CASS) has released on October 10 the Report of Third Quarter of 2009: Analysis and Forecast on China's Economic Situation. The report predictes that the growth rate of China's GDP this year will reach 8.3% or so with less likely inflation in the year and the next, thus the set goal of economic growth at "8" will be well met.
The report pointed out: Pushed by economic stimulus policies, the investment on fixed assets has turned out to be vital momentum for expanding domestic demand and ensuring growth. It is predicted that the total investment this year on social fixed assets will be about 22.7 trillion RMB. Excluding the price factor, the actual investment growth rate is 34.4%, 2.26 times that of the last year.
According to the forecast, the customer price, retail price of consumer goods and the price of investment goods will drop 0.5%, 0.8% and 1.8% respectively. Gross retail sales of customer goods will be up to 1250 billion RMB. The actual growth rate is 16.3%.