Wednesday, December 5, 2012

China economy may grow 8.2pc in 2013: think-tank





China’s economic growth may quicken to 8.2 per cent in 2013 from an expected 7.7 per cent this year in response to official growth-promoting polices, but downside risk remains from global uncertainties, the Chinese Academy of Social Sciences (CASS) said on Wednesday.


The country’s top think tank said in its “blue book” report on China’s economy that Beijing should boost budgetary help to the economy by borrowing and spending more, and cutting taxes that hinder economic efficiency.









via Business feed http://www.scmp.com/business/economy/article/1097977/china-economy-may-grow-82pc-2013-think-tank

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