- CNTV English - CCTV News

Expert: Economic growth in H2 may be 9%

07-16-2010 13:39 BJT Special Report:China’s Economic Data of H1 in 2010 |

Watch Video

Play Video

The National Bureau of Statistics says that in the first half this year, China's economy grew by about 11 percent with moderate inflation. These figures suggest the country's economy is recovering from last year's financial crisis. Experts from international financial institutions say the trend is likely to continue in the second half. Here's what they had to say.

Zhuang Jian, Senior Economist of Asian Development Bank said "Economic growth in second half this year will be around 9 percent, lower than the first half. It's because the growth figure for the second half last year was higher than that for the first half. But a slow-down is what the government wants, because the first half saw signs of overheating in some sectors. The State Council has issued a raft of measures to curb speculation of property sector. It also ordered local governments to clear debts with their financial vehicles. All these measures were issued to prevent the economy from overheating and to guarantee steady development."

Editor:Xiong Qu |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program