China's CASS predicts 8.2% GDP growth, 3.0% CPI for 2013

05 December 2012 08:32  [Source: ICIS news]

SINGAPORE (ICIS)--China's GDP is predicted to grow by 8.2% in 2013 while its CPI will be 3.0%, a report from the Chinese Academy of Social Science (CASS) said on Wednesday.

In the CASS’s “blue book” report released on 5 December, it said that the GDP growth rate in 2012 will be 7.7%, while the economy’s growth rate will be 7.5% in the 2012 fourth quarter.

China’s CPI is expected to be at around 2.7% for 2012 and 3.0% for 2013, the report said.

The most important task for China is stablising growth and optimising its investment structure, according to the report.

By: Dolly Wu
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly