China's Annual Economic Growth Rate to Exceed 7%

China's annual GDP growth rate is expected to exceed seven percent in the coming 15 years, according to a research report from the State Development Planning Commission (SDPC).

The Report was released by the Economic Research Institute under SDPC.

According to today's China Securities, the potential annual GDP growth rate will be nine percent during 2001-2005, while the actual growth rate will be around 7.5 percent.

From 2006 to 2015, the country's potential annual GDP growth rate will be about 8.5 percent and the actual growth will be seven percent.

Inflation rate will be about three percent during 2001-2005 and will rise to about five percent during the 2006-2015, according to the report.



People's Daily Online --- http://www.peopledaily.com.cn/english/