Yawn! More Growth Expected in China

Posted by Bill Belew on May 2nd, 2008 in Doing Business in China | No Comments

Nothing new. Same-O. Same-O.

The Chinese Academy of Social Sciences is predicting China's economy will continue to grow at better than 10% this year.

Agriculture will grow 3.2%.

Industrial and the service industries – 12.2%.

Fixed assets will hit $2.43 trillion, up 19.1%.

CPI will be 5.5%.

Per capita disposable income will rise 11.1% in urban areas and 7.3% in rural areas.

Retail sales of consumer goods will rise above Y10 trillion yen.

Import and export growth – 23.3% and 19%.

YYYyAAawnnn!!!!

source 

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