China economy seen growing 8.8% in 2004: ADB
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China&#39;s economy will expand 8.8 per cent in 2004 and eight per cent in 2005, but growth next year may slow to 7.2 per cent if oil prices stay at around $40 a barrel, the Asian Development Bank said on Wednesday.
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China's 500 largest firms have seen their combined profits rise 23% to $80.4bn last year, researchers find.
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China's economy will grow by 9.3 percent this year, the government forecast Thursday, amid signs that efforts to tame the economic boom may be failing to cap inflation.
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Ha Noi (VNA) - In its report &quot;Asian Development Outlook 2004&quot; released on Sept. 22, the Asian Development Bank (ADB) predicts that developing Asia is likely to sustain its economic growth rate at 7 percent
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ChinaÂs trade surplus with the world ballooned last month to $18.8 billion as exports soared, according to preliminary customs figures.
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Dragged along by a booming China, East Asian countries should grow 7.6% this year, their best result since the region&#39;s 1997 financial crisis, the Asian Development Bank (ADB) said Monday.
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China's booming economy has fuelled a 40% jump in crude oil imports so far this year, official figures show.
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Beijing, Dec 6 : China&#39;s IT industry is expected to see a sales revenue of 322.3 billion US dollars in 2004, up 42.3 per cent year-on-year, becoming the country&#39;s leading driver for economic growth, a report said today.
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Britain's economy has grown by 0.8 percent during the second quarter of 2006 compared with the previous three months.
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In its latest Asian Development Outlook released today, the ADB said GDP growth projections for 2004 have been raised by about half a percentage point in both East Asia and Southeast Asia.
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China's software industry saw an increase in revenue of more than 20 percent last year, boosted by particularly swift growth in income from services, state media reported Tuesday.
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China's economy grew by 11.5% in the three months to the end of September, official figures show.
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The country's economy expanded by an impressive 0.8 percent in the third quarter of 2007, shrugging off the impact of the global credit crunch, according to official data published Friday.
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Growth in China&#39;s economy is expected to expand at a rapid rate in 2007, with inflation ticking higher to 3.2 percent, state media reported Friday, citing the central bank.
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China&#039;s economy expanded at its fastest pace in a decade with growth of 11.3 percent in the second quarter, official data shows, exceeding expectations and possibly signaling the need for new cooling measures.
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China's industrial output for August rose 15.9 percent year-on-year after a 15.5 percent gain in July, with demand for coal, steel and natural gas driving growth, official data showed.
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The number of Internet users in China rose to 94 million by the end of 2004, up 8 percent from the middle of the year, state media reported Thursday.