CHINA GDP TO GROW 11.3% IN 2007, WORLD BANK SAYS
AsiaInfo Services, November, 2007
AsiaInfo Services 11-19-2007 China GDP to Grow 11.3% in 2007, World Bank Says BEIJING, Nov 19, 2007 (SinoCast via COMTEX) -- The World Bank predicated in the East Asia and Pacific Update that China's GDP would grow 11.3 percent in 2007 and then slow down to 10.8 percent in 2008. The World Bank lifted the forecast on the GDP growth of the year from 9.6 percent to 10.4 percent in May and then further raised it to 11.3 percent in September, according to the publication China Quarterly Update. The official data from the country's National Bureau of Statistics showed the GDP went up 11.5 percent in the first three quarters this year.
The growth for the first, second and third quarters reached 11.1 percent, 11.9 percent and 11.5 percent respectively. The East...
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