23 bodies GDP growth forecast to 8.9% this quarter
Held last Saturday in “CCER China Economy Observation” at the 18th report, including the China Center for Economic Research of Beijing University, Hong Kong, including gold in the 23 agencies jointly issued the latest, “Long-run projections.”
Projections indicate that China’s GDP growth rate of the third quarter is expected to reach 8.9%, at the same time, CPI and the increase in exports are negative, which, CPI growth will slow to a negative -1%, exports increased by -19.8%. In addition, the agency also predicted that investment in the third quarter and second quarter of the basic indicators of the same reality show that growth is still strong; the scale of industrial added value growth of more than 12%.
Reporter noted that with the more obvious signs of economic rebound, institutions for the third quarter GDP forecast also showed great confidence. 23 institutions, nine agencies have forecast a growth rate of more than 9%. China Center for Economic Research of Beijing University, Professor Lu Feng summarized the views of the experts: “strong economic recovery, strong growth in investment, decreases in imports, exchange rate stability.”
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