HK economy on track to reach 7.5 percent full-year growth
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Hong Kong&#39;s economy is on track to reach the forecast 7.5 percent growth for the full year, government economist Kwok Kwok-chuen said here Friday at a press briefing.
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China&#39;s real gross domestic product (GDP) is projected to average around 9 percent in 2004 andto slow to about 7.5 percent in 2005, the International Monetary Fund (IMF) said Wednesday.
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The British economy grew by 0.7 percent in the first quarter of 2007 and by 2.9 percent over 12 months, official data showed on Friday.
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China revised its 2006 economic growth data to a 12-year high of 11.1 percent, from 10.7 percent.
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According to news.gov.hk: The first quarter saw Hong Kong's total exports to the Mainland for outward processing riseto $103.3 billion, up 21% on the same period last year.
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Britain has recorded 0.7 percent in economic growth for the third quarter over the previous quarter and 2.7 percent for the year, the office for National Statistics said in its second estimate.
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HANOI - Vietnam&#39;s economic performance in the first half of 2004, supported by a better business environment and robust external demand, suggests that gross domestic product (GDP) growth will remain above 7% in 2004 and 2005, according to a major Asian
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China's economy is set to grow at a faster-than-expected rate of 10.4% this year, the Asian Development Bank says.
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BEIJING  - China's finance minister says economic growth of nine per cent this year would be acceptable, state television reported this week in the first acknowledgment by a senior official that growth might exceed the government's target of seven per cent.
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China&#39;s annual economic growth surged  to an 11- year high of 11.9 percent in the second quarter,  cementing expectations for tighter policy to keep the world&#39;s  fastest-growing major economy from overheating.
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The countryâs economic managers on Friday announced a âtremendously improvedâ economic outlook for the country this year owing to improved revenue collection that could trim the P197-billion
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Singapore&#39;s economic growth slowed to 7.7 percent in the third quarter after a 12.5 percent rise in the previous three months, as its central bank said it would keep a tight rein on monetary policy to support growth amid rising oil prices.
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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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China's economic growth reaches its highest level in 13 years, with growth of 11.4% in 2007.
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Economic growth is expected to top 7 percent for East Asia and Pacific (excluding Japan) in 2004, while developing economies in the region are expected to expand by more than 8 percent, the World bank said here on Tuesday.
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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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China&#39;s economy grew so rapidly in the first half of 2007 that it is likely to overtake Germany as the world&#39;s third-largest by the end of this year, analysts say.