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Nation's GDP to grow 9.4% in 2006
(Reuters)
Updated: 2005-12-12 09:56
China's gross domestic product is likely to grow 9.4 percent this year and by about 9 percent in 2006, the Chinese Academy of Social Sciences, the government's leading think-tank, said in a report published on Monday.
The Financial News newspaper quoted a report by CASS as saying that the growth slowdown would be modest, barring natural disasters and political instability. China's economy has grown at an annual rate of more than 9 percent for the last nine quarters, a record economists expect to be extended this quarter.
Growth in both 2004 and 2003 was 9.5 percent.
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