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Q1 GDP Growth Projected To Hit 11.5 Percent

  • Friday 2010-02-05  19:11

China is expected to record a gross domestic product (GDP) growth of 11.5 percent year-on-year in the first quarter of 2010, reports China Securities Journal, citing the State Information Center, a government think tank. 

In the same period, the consumer price index (CPI) and producer price index (PPI) are expected to rise by about 2.5 percent and 5.5 percent year-on-year.

The State Information Center attributed the GDP growth to the government stimulus policies and to the inventory accumulation of manufactured goods.


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