Think tank: China economy to grow more than 9% in 2009

    BEIJING, Dec. 2 (Xinhua) -- Chinese economy is forecast to grow by more than 9 percent next year, according to an annual blue paper released by the Chinese Academy of Social Science on Tuesday.

    Despite the huge uncertainty in 2009, China could still achieve a 9-percent growth as long as it unveils timely and suitable macro-economic control measures to boost domestic demand, said the blue paper. Full story

China to set strategy for 8% GDP growth

    BEIJING, Dec. 3 -- China's top economic policy makers will meet next week to decide how to secure growth of at least 8 percent, outpacing the World Bank's more pessimistic forecast, government officials said Tuesday.

    The annual Central Economic Work Conference, scheduled for Monday through Wednesday, will tackle ways to implement the recently adopted "expansive" fiscal policy and "moderately easy" monetary policy, officials said.  Full story

World Bank cuts 2009 China growth forecast to 7.5% vs. 9.2

    BEIJING, Nov. 25 (Xinhua) -- The World Bank on Tuesday cut its 2009 forecast for China's economic growth to 7.5 percent, from 9.2percent previously, in a report released here.

    With the financial crisis spreading globally, the impact on China is expected to intensify amid a global fund squeeze and a slowdown in export growth in 2009, the World Bank said in its China Quarterly Update.  Full story

Vice premier: Tap consumption potential to sustain China growth

    BEIJING, Dec. 2 (Xinhua) -- Chinese Vice Premier Wang Qishan has called for more concrete measures to tap China's domestic consumption potential to sustain economic growth.

    External demand for Chinese goods has fallen markedly amid the global financial crisis, while domestic consumption power also fell, Wang told recent meetings on foreign and domestic trade.  Full story

China planner offers details on 4 trln yuan stimulus package

    BEIJING, Nov. 14 (Xinhua) -- A senior Chinese planning official told reporters here on Friday that the new 4 trillion yuan (586 billion U.S. dollars) economic stimulus package includes 1.18 trillion yuan from the central government through 2010.

    Mu Hong, vice director of the National Development and Reform Commission (NDRC), said the agency would add 100 billion yuan of new investment during the fourth quarter.  Full story

China outlines tasks for next year's economic work

    BEIJING, Nov. 28 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee convened a meeting here on Friday, analyzing and studying the economic work of next year and setting out major tasks.

    The meeting said that this year has been eventful and the country has risen to many daunting challenges, including the global financial crisis and domestic natural disasters. The economy has maintained a stable and relatively fast growth and society has been stable, which are hard-won achievements, it said.  Full story