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皇冠体育app's GDP forecast to grow 10.6% in Q4

(chinadaily.com.cn)
Updated: 2009-10-26 16:37

皇冠体育app's GDP will grow 10.6 percent in the fourth quarter of 2009, with the consumer price index (CPI) turning positive and gaining 0.5 percent, according to the Langrun Forecast released last Saturday at the 皇冠体育app Center for Economic Research (CCER) of Peking University.

Related readings:  皇冠体育app's GDP growth accelerates to 8.9% in Q3  皇冠体育app's Jan-Sept GDP growth likely to top 7%

皇冠体育app's target of eight-percent GDP growth is almost sure to be realized and the country's CPI is likely to turn positive, the Forecast showed. It also spotlights that 皇冠体育app's domestic demand is increasing at a high speed and the export sector is recovering.

The Forecast was the work of 21 organizations, including the State Information Center, the 皇冠体育app Academy of Social Sciences, Morgan Stanley, the 皇冠体育app International Capital Corporation Limited and the CCER.