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» 23/07/2009 [Company watch]
China Aoxing Pharmaceutical Corp. Receives Renewal of GMP Certification for Capsule Dosage Form of Pharmaceutical Products
» 15/03/2010 [Industry news]
Recordati S.p.A And Lee Pharmaceutical Announce Partnership For Zanidip(R) In China
» 26/10/2009 [Finance]
China Growth to Remain Fast in Fourth Quarter, Official Says
» 17/08/2009 [Industry news]
Chindex Posts Profit on Product Sales, Health Services
» 07/05/2010 [Industry news]
Hong Kong: Recall of all products manufactured by Quality Pharmaceutical Lab Ltd
COMPANY NEWS » Finance back to previous page show list
»24/08/2009 [Finance]
China economy to grow 8 pct in 2010

Chinese economic growth is likely to stay at 8 percent next year as property and corporate investment and rising exports take up the slack from waning government investment, central bank adviser Fan Gang said in remarks reported on Monday. (Reuters)

 
(Reuters) - Chinese economic growth is likely to stay at 8 percent next year as property and corporate investment and rising exports take up the slack from waning government investment, central bank adviser Fan Gang said in remarks reported on Monday. Fan added that the Chinese economy had established a recovery trend and the pace of the recovery was quite rapid, the official Shanghai Securities News reported. The Peoples Bank of China adviser also told a conference that the global economy had stabilized, although he predicted it will still experience a period of weakness in the future. He added that the composition of next year\'s economic growth would be more diverse and healthier than this years. China s latest economic data for July indicated that while growth was moderating after a strong second quarter, the recovery remained on track to achieve the government\'s goal of 8 percent growth for the full year. (Reporting by Edmund Klamann; Editing by Ken Wills)

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