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High growth to continue: World Bank

By Wang Xiaotian | China Daily | Updated: 2011-06-09 07:40

Economy to expand by 9.3% this year; room for tightening policies

BEIJING - The economy will maintain its high growth levels and the government still has plenty of room to further tighten monetary policy, World Bank economists said on Wednesday.

The economy is predicted to grow by 9.3 percent this year, before slowing to 8.7 percent in 2012 and 8.8 percent in 2013, the World Bank forecast in its twice-yearly report, Global Economic Prospects, released on Wednesday.

High growth to continue: World Bank

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