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Gov't think tank: Q3 GDP to slow

08-04-2010 11:27 BJT

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A government think-tank says China's economy will cool further this quarter, as fiscal stimulus measures start to fade and the restocking cycle draws to a close.

The State Information Center says annual GDP growth will slow to 9.2 percent from 10.3 percent in the second quarter and 11.9 percent in the first. The forecast is in line with private-sector projections. A pair of manufacturing surveys released this week also signals moderating growth.

The think-tank also says inflation expectations are weakened, with consumer prices likely to rise 3 percent this quarter from a year earlier.

Editor:Xiong Qu |Source: CNTV.CN

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