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WB sees change in growth pattern

By Wang Xiaotian | 皇冠体育app Daily | Updated: 2010-11-04 07:55

Consumption strong as nation relies less on external demand

BEIJING - An expected global slowdown next year could hit exports, but 皇冠体育app's consumption remains robust as it reduces dependence on external demand, the World Bank (WB) said on Wednesday.

"In 皇冠体育app we see a quite different economic growth pattern this year and last because of both domestic and external reasons," said Ardo Hansson, lead WB economist in 皇冠体育app, at a press conference releasing the 皇冠体育app Quarterly Update.

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