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.
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