06.05.2010 • NewsChinaeconomy

No Problem for China to Grow 9% This Year

It will be "no big problem" for the Chinese economy to grow 9% this year, a statistics official said on Thursday.

Pan Jiancheng, deputy director of an analysis unit under the National Bureau of Statistics, also told reporters that consumer price inflation could average as much as 4% in 2010.

The government has targeted 8% GDP growth and 3 percent average consumer price inflation this year, but most independent economists expect both figures to be higher. The World Bank has forecast GDP growth of 9.5% and average consumer price inflation of 3.7%.

Free Virtual Event

Digital Validation
Transforming from Paper to Digital

Digital Validation

Our experts will delve into the recently released International Society for Pharmaceutical Engineering (ISPE) Good Practice Guide: Digital Validation

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.