- CNTV English - CCTV News

China's economy may slow

07-17-2010 09:06 BJT

Watch Video

Play Video

China's economy has posted good results for the first half of this year. But as both the international and domestic environments become more complex, what are China's prospects for growth in the second half? Some economists say a slow-down can be expected.

Zhuang Jian is a senior economist from Asian Development Bank. He says China's growth in the second half of this year will be slower than the first half.

Zhuang Jian, Senior Economist from 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."

Economists from the World Bank hold the same view, predicting the pace of economic growth to be slower than one or two years ago.

Louis Kuijs, Senior Economist, World Bank said, "China's growth will still be very solid, very good in the international comparison, but that the rate of growth will not be high any more, as it was in 2006, 2007 and 2008."

But both economists say China's macro economic policy is very helpful to its economic development. Even though growth may slow down, China's ongoing economic restructuring will help the country maintain steady and sustainable development in the future.


Editor:Zhang Pengfei |Source: CNTV.CN

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