BEIJING, July 12: China’s economic growth will slow to 8.6 per cent in the third quarter and to 8.2 per cent in the fourth amid government efforts to make growth more sustainable, the China Securities Journal quoted a think-tank as predicting.
That would take full-year growth to 8.8 per cent, significantly lower than 9.5 per cent seen last year and in 2003, the paper quoted a report by the National Development and Reform Commission’s Macroeconomic Institute as saying.
The slower pace of growth would be in accordance with government efforts to adjust macroeconomic controls and would not mean that
China would enter a cycle of low economic growth in the coming years, the paper quoted the think-tank as saying.
