CHINA> National
![]() |
World Bank raises China 2008 growth forecast to 9.8%
(Agencies/Xinhua)
Updated: 2008-06-19 13:19 BEIJING -- China's economy is weathering the global slowdown better than expected, the World Bank said Thursday as it raised its growth forecast for the country to 9.8 percent from 9.4 percent. The World Bank cited the country's strong domestic demand and sustained competitiveness in exports as key strengths. "Amid weaker and uncertain global prospects, China's growth will be supported by strong international competitiveness and a robust domestic economy," David Dollar, the bank's country director for China, told reporters in Beijing. Just two months earlier, the World Bank had lowered its growth estimate for China to 9.4 percent from 9.6 percent on weakening demand for its exports. The back-and-forth revisions reflect the uncertainties prevailing at a time when the US economic outlook remains murky due to the fallout from the mortgage lending crisis. They also result from a revision in China's own GDP growth estimate for 2007, which was raised by a 0.5 percentage points following the bank's most recent half-yearly report in early April. "Global growth is on course to slow further and commodity price-driven inflation has become a complicating factor everywhere. These developments imply considerably more international uncertainty and risk," Dollar said. "The upward revision to our growth forecast largely reflects revised GDP data showing stronger service sector growth," he said. The World Bank's current forecast is for growth to slow to 9.2 percent in 2009. China's economic growth had moderated to a more sustainable pace, which in part reflected less buoyant investment, but the country's domestic economy was holding up well, the WB report said. It said most developing and emerging markets, like China, would outperform high-income countries as they were less directly exposed to the financial turmoil and would see a modest, orderly slowdown. The Chinese government has set a growth target for this year of 8 percent following last year's sizzling 11.9 percent expansion. The Washington-based bank said it did not expect the calamitous earthquake that struck southwest and central China last month, killing about 70,000 people, to have a significant impact on the wider, national economy. However, it noted that reconstruction might actually boost growth in the months ahead. The bank lauded China's progress in combating inflation, which fell to 7.7 percent in May from 8.5 percent in April. It forecast that the inflation benchmark, the consumer price index, will rise 6 percent for all of 2008. |
欧美日本中文字幕| 亚洲国产精品无码久久SM| 无码人妻熟妇AV又粗又大| 中文字幕无码精品三级在线电影| 亚洲AV无码日韩AV无码导航| 天堂亚洲国产中文在线| 少妇伦子伦精品无码STYLES| 中文字幕日韩三级片| 全球中文成人在线| 精品无码国产自产拍在线观看蜜| 日韩精品无码免费专区午夜不卡| 无码人妻少妇久久中文字幕| 少妇无码一区二区三区免费| 日韩AV高清无码| 人妻少妇久久中文字幕一区二区 | 中文字幕久久精品| 国色天香中文字幕在线视频| 国产午夜无码视频在线观看| 亚洲AV综合色区无码一区| 无码人妻精品一区二区蜜桃网站 | 日韩欧美中文亚洲高清在线| 无码国内精品久久人妻麻豆按摩 | 中文精品久久久久人妻| 99re热这里只有精品视频中文字幕 | 中文字幕亚洲欧美专区| 久99久无码精品视频免费播放| 亚洲AV日韩AV永久无码下载| 亚洲一区精品无码| 中文字幕av无码一区二区三区电影| 日韩中文字幕在线不卡| 中文字幕亚洲精品| 最近最新高清免费中文字幕| 乱人伦人妻中文字幕无码| 最近中文字幕mv免费高清在线| 中文字幕本一道先锋影音| 暖暖免费日本在线中文| 中文字幕一区二区精品区| 青娱乐在线国产中文字幕免費資訊 | 国产Av激情久久无码天堂| 国产精品无码a∨精品| 欧洲精品久久久av无码电影|