China's GDP expected to grow 10.5% in 2006
Updated: 2006-10-11 10:39
China's gross domestic product (GDP) is expected to rise
by 10.5 percent in 2006, the Chinese Academy of Social Sciences (CASS), a major
official think tank, said in a report.
The CASS report, made available
to Xinhua Wednesday, also forecast that the country's economic growth rate would
slow to 10.1 percent in 2007, thanks to the government's macro control policies.
The National Bureau of Statistics had earlier estimated the country's
growth in the first half year at 10.9 percent.