Yesterday, ADB issued, China's economic growth forecast to 7.7% from 7.6% this year, next year's economic growth forecast to 7.5% from 7.4%. The report points out China's growth will benefit from the infrastructure investment growth in this and next year. The reform measures form the third plenary session of 18 will have a positive impact on private consumption and investment next year. Although the international economic environment is not clear, the East Asian economic growth this year may rise 0.1% to 6.7%, the ADB report says.
Written by Dora Men
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