Forum Views ()
Forum Replies ()
Read more with google mobile :
China economy to grow 10 percent in 2010: think tank
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Singapore
Asia Pacific
World
China economy to grow 10 percent in 2010: think tank
AFP - Monday, February 8
Send
IM Story
Print
China economy to grow 10 percent in 2010: think tank
Slideshow: Full Photo Coverage: Business & Economy
BEIJING (AFP) - – A top state-run think tank has forecast that China will return to double digital growth this year, with a 10 percent rise in gross domestic product, state media reported Sunday.
The Centre for Forecasting Science at the Chinese Academy of Sciences said GDP could grow by 11 percent in the first quarter of the year, before slightly slowing down for the rest of 2010, the official Xinhua news agency reported.
Investment was expected to increase as a result of the government's economic stimulus package, but overall growth in investment for the year would fall to 25 percent, Xinhua quoted a report by the state-run institution as saying.
China's GDP, which analysts say could overtake that of Japan, expanded by 8.7 percent in 2009. It returned to double-digit growth in the fourth quarter last year, with a 10.7 percent growth -- the fastest in two years.
A government stimulus package worth four trillion yuan (586 billion dollars) has widely been credited with sustaining growth in a year when much of the global economy was in crisis.
But inflation surged towards the end of 2009, sparking concern.
The report estimated that China's consumer price index, the main gauge of inflation, would increase by more than three percent in 2010 as an economic revival and liquidity helped drive up prices.
Exports, meanwhile, were expected to rise by nearly 17 percent and imports by just under 19 percent, it added, as overseas demand picked up amid a global economic recovery.
Recommend
Send
IM Story
Print
Related Articles
US-BUSINESS Summary Reuters - 45 minutes ago
Swiss minister urges debate on tax data: report Reuters - 45 minutes ago
Huatai Sec to raise up to $2.5 bln in Shanghai IPO Reuters - 1 hour 3 minutes ago
All eyes on Ellen in "American Idol" judge debut Reuters - 2 hours 6 minutes ago
Arava Power gets deals for 15 mid-size solar fields Reuters - 2 hours 13 minutes ago
News Search
Top Stories
Geithner confident investors will stick by US bonds
Poor weather delays US shuttle launch
Britain's Mandelson attacks EU on banking reform
US shuttle Endeavour launch delayed
G7 preoccupied with eurozone debt, China 'bubble'
More Top Stories »
Related Full Coverage
China Economychina economy
All Full Coverage »
ADVERTISEMENT
Most Popular
Most Viewed
Most Recommended
G7 preoccupied with eurozone debt, China 'bubble'
JPMorgan's chief reaps 16-million-dollar bonus
Jackson doctor to be charged Monday: prosecutors
Mixed report shows US loses 20,000 jobs, unemployment dips
Euro hits nine-month dollar low
More Most Viewed »
Fury heats up after new AIG bonuses
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo
Answers
Groups
Mail
Messenger
Mobile
Travel
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Asia Entertainment
Photos
Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Terms of Service |
Privacy Policy |
Community |
Intellectual Property Rights Policy |
Help
Other News on Sunday, 7 February 2010 Hamas backtracks on apology over harming civilians
Ukraine braces for tense presidential polls
Ethiopia gets Microsoft software in Amharic
U.S., Germany say Iran not ready for nuclear deal
G7 preoccupied with eurozone debt, China 'bubble'
Iraq group says it has kidnapped U.S. contractor
|
Militant video shows abducted American in Iraq
Philippine automated vote system 'almost perfect': officials
French aid worker released 3 months after Chad kidnap
US-TECH Summary
Lebanon locates black boxes from doomed jet
Iran's police vow no tolerance towards protesters
Abbas awaits U.S. clarification over peace talks offer
|
Amazon reshelves Macmillan titles but not e-books
China's Xinjiang restores access to 27 websites
S. California storm brings mudslides, flooding
Obama seeks to rally glum Dems amid GOP challenges
'Snowmageddon' blankets Mid-Atlantic in heavy snow
Laos 'moving toward' Hmong access: US diplomat
Blizzard paralyzes U.S. mid-Atlantic
43 held in raid on alleged Philippine communists
Shiite group kidnaps US contractor in Iraq: video
New Orleans votes amid Carnival, Super Bowl hoopla
US missionary freed by NKorea starts journey home
Amazon reshelves Macmillan titles but not e-books
|
Conn. police official threatens reporter, resigns
As US begins Afghan surge, Canada plans its exit
Obama: Parties need to cooperate on major issues
Afghan police patrol kills 7 civilians
No paper for you! Hawaii uses less, saves money
China official heads to North Korea
Obama calls capital's blizzard `Snowmageddon'
Nissan to slash production at Spanish plant
New accidents add to Toyota Prius doubts: Japanese media
Japanese ask: Is US backlash behind Toyota woes?
Rihanna, Mark Sanchez raise money for charities
Rob Lowe's a traveling Indianapolis Colts fan
Kidnappers free Red Cross worker held in Darfur
US publishers smile again as Kindle rivals emerge
Iranian Nobel winner calls for protests
Ukraine vote as tensions high in close-run election
|
Afghans flee ahead of major anti-Taliban offensive
Police seize 1.5 tonnes of explosives in ETA Portugal cache
Mudslide kills 11 people in rain-sodden Mexico
|
Iraqi court pushed to rule on banned candidates
Afghan police commander arrested in bomb ring
|
Israeli, Saudi handshake settles seating spat
Black boxes from Ethiopian jet crash found off Lebanon
Six shot dead in Mexico disco in likely drug attack
|
Philippine campaign starts as race tightens
|
Shuttle aims for pre-dawn launch as clouds move in
New Orleans elects first white mayor in 32 years
Strong earthquake hits off Japan's southern coast
Former Chinese police chief's gang trial ends
AP: More migration has meant more economic stress
Reports: Malaysia finds drugs in Iranians' luggage
House fire in Warwick, RI, kills 5, including baby
Amazon reshelves Macmillan titles but not e-books
|
Taiwan to seek more arms despite improved China ties
Palin calls Obama budget 'immoral'
Thousands of dinosaur footprints uncovered in China
Palin: Obama administration mishandling terrorism
Chinese envoy meets North Korean officials
Palin says Obama policies to be short-lived
Pakistan's 'third gender' seek greater rights
Japan balks at $2 billion bill to host US troops
China jails man 13 years for running porn Web site
Trial of top China official accused of mob links ends
South Korea talks down possible Europe impact
Open skies, budget travel: Asian airlines soar
Karachi violence blow to Pakistan economy
Afghan insecurity pushes gold price up, business down
Marlene Dietrich to star on Berlin 'Walk of Fame'
G7 to continue stimulus until global economy on track
PayPal halts certain payment transactions in India
G7 vows to continue stimulus policies
'Worst is over' for food inflation, says India's PM
Vietnam tackles US in first WTO case: official media
Aceh reconstruction offers hope for Haiti
Karina Smirnoff and others party on Super Bowl eve
Diehard Thaksin loyalist paints rural Thailand red
US-ENTERTAINMENT Summary
Revellers don masks for Venice Carnival
Injured Leonard Cohen delays tour by six months
Seoul launches 'floating island'
Controversial film acclaimed abroad but unseen by Syrians
Marlene Dietrich to star on Berlin 'Walk of Fame'
Iran ratchets up atom work despite sanctions threat
Iran ratchets up atom work despite sanctions threat
|
Poor weather delays US shuttle launch
Defiant Ahmadinejad orders higher uranium enrichment
Britain's Mandelson attacks EU on banking reform
Yemen arrests embassy bomb threat suspect
|
US shuttle Endeavour launch delayed
Iran says arrests people hired by CIA
|
Iraq Shi'ite leaders vow Baath purge as furore grows
Lebanon recovers crashed Ethiopian jet's data box
Iran says to start work on 20 percent nuclear fuel
NATO should be global security forum: Rasmussen
|
US troops detain Afghan police chief: official, NATO
HRW says Israel 'failed' to probe Gaza war crimes
Israeli forces arrest two foreigners in West Bank
|
Incumbent declared winner in flawed Nigeria poll
|
Taliban dig in for big assault, say Afghan villagers
|
Lebanon recovers crashed Ethiopian jet's data box
|
Iraq panel reinstates election ban amid Shi'ite ire
|
Arrests of 43 suspected Filipino rebels questioned
Nepal vice president reinstated after language row
Indian govt hails test of nuclear-capable missile
Afghanistan's NATO head: Military push needs gov't
Australia mourns lives lost in wildfires 1 year on
NATO arrests Afghan cop accused in roadside bombs
Chinese envoy meets NKoreans amid nuclear talk bid
The nation's weather
Court martial looms for S.Lanka's defeated candidate: report
Super Bowl Sunday at the White House
Australia marks anniversary of deadly firestorm
US east coast digs out after record blizzad
Activists, Japanese whalers clash in Antarctic waters
US shuttle Endeavor ready for new space mission
New Zealand house prices rise in January
China economy to grow 10 percent in 2010: think tank
Taiwan fin firms have $1.1 bln exposure to 3 European nations
All eyes on Ellen in American Idol judge debut
|
British jazz legend John Dankworth dies at 82
|
Jazz musician Sir John Dankworth dead at 82
US 'cavemen' seek raw truth
Horror witch-hunts target low-caste women in Nepal
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights