China Financial Daily

The World Bank expects China’s GDP growth in 2009 up to 8.4%
News on November 5: Benefited from strong government fiscal and monetary stimulus policies, three quarters of China’s economy continued to rebound. Yesterday (Nov.4, 2009, the same below), the World Bank predicts this year China’s GDP growth forecast from the previous 7.2% increase to 8.4%.

The World Bank in March this year, claimed China was expected to this year’s economic growth rate of only 6.5%, after the June raised to 7.2%. On yesterday, it released “China Economic Quarterly”, the World Bank again raised the forecast to 8.4%, and China is expected to increase in 2010 and to reach 8.7%.

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