China’s GDP estimated to rise by 8.4 percent in Q1

Thursday, 05 April 2012 15:55:59 (GMT+3)   |  
       

Zhang Xiaoqiang, vice director of China's National Development and Reform Commission (NDRC), has estimated that China's gross domestic production (GDP) will indicate a rise of around 8.4 percent year on year in the first quarter of the current year.

He also estimated that the Chinese domestic consumer price index (CPI) will see year-on-year growth of 3.5 percent in the given period. This would indicate a gradual recovery of the Chinese economy at the start of 2012. 
 


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