China's economy regains momentum

Wednesday, 28/09/2016 | 05:03 GMT

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China's economy will likely gain an upside 6.6% momentum for the fourth quarter, thus reporting an overall 6.7% growth for the year, the nation's CASS said today.

China's CASS predictions published

The CASS' forecasts were published in the Shanghai Securities Journal newspaper today and matched the Chinese government's predictions for a 6.5% to 7% growth.

According to a CASS senior researcher, Wang Hongju, the fourth quarter's growth may weaken slightly but it should remain within satisfactory levels.

Moreover, Wang Hongju talked about the importance of maintaining sustainability and economic development thus keeping the economy within a stable formation.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/china-s-economy-regains-momentum

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