• China's GDP to grow 8 pct: think tank

    Community, Communication Design

    Dalian fortune research shenzhen china dfrshenzhen.com http://www.chinadaily.com.cn/china/2013-04/27/content_16454481.htm BEIJING - China's GDP is expected to expand by about 8 percent this year with CPI growingmoderately at 3.4 percent, according to a report by the Chinese Academy of Social Sciences(CASS). The think tank said in a blue paper released on Friday that China's economy will maintain acontinuous and stable growth rate amid slow recovery of the world economy and quantitativeeasing policies adopted by major economies, including the United States, European countriesand Japan. Social fixed-assets investment is expected to exceed 45 trillion yuan (7.3 trillion US dollars), areal growth of 17.9 percent from 2012. The investment makes up 78.2 percent of GDP,according to the 2013 Ecomony Blue Paper. As the world economy is recovering slowly and some uncertainties remain, China's imports andexports will reach 1.987 trillion yuan and 2.231 trillion US dollars, up 9.3 percent and 8.9percent from 2012, respectively, the paper said. Trade surplus is estimated at 244 billion US dollars, it added.

    Dalian fortune research shenzhen china

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