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Macro: National and regional economy
Updated: 2006-03-28 14:49
China’s economy is expected to grow 8.9 percent in 2006, slowing from 9.9
percent last year, the central bank’s research department said in a report
published Monday. Annual growth in China’s gross domestic product will gradually
slow from 9.2 percent in the first quarter of this year to 9 percent in the
second quarter, 8.9 percent in the third and 8.7 percent in the fourth quarter,
said the report, carried by the China Securities Journal. (SD-Agencies)
China will boost development of its central region in line with its strategy
to promote coordinated development of various regions, according to a top-level
meeting held on Monday. "We should further cultivate a new scenario featuring
interaction between the eastern, central and western regions and common
development," said a statement from the meeting of the Political Bureau of the
Communist Party of China (CPC) Central Committee, chaired by the committee's
General Secretary Hu Jintao. (Xinhua)
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