China’s GDP to be slower than past years – Xinhua

From , via Australian :

is expected to see a fall in its figure this year with the predicted at nine percent, the lowest for the past four years.

Liu Shijin, deputy director of the Development Research Centre of the State Council, a think tank, said Tuesday that driven by the and automotive industries, the Chinese economy will continue to grow at an annual average rate of seven-eight percent in the coming 10 years.

Over the past four years, the economy kept growing by more than 10 percent annually. ‘The high growth usually finishes in a cycle of five years,’ he said. [Full Text]

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