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"Under 10 p.c. growth in China next year"

CHINA'S ECONOMIC growth may fall under 10 per cent next year as investment, exports, and industrial output slow down, a think tank predicted on Wednesday.

"With high growth and low inflation, the economy is ready for a soft landing, despite the problems of yawning surpluses, too-rapid investment and heavy pressure on environment and resources," said the Macro Economy Research Institute of the National Development and Reform Commission in its latest report.

It said that the Government's macro-economic policies had restrained runaway investment and loan supply.

China's gross domestic product growth (GDP) will slip back to 10.3 per cent in the fourth quarter from a second quarter peak of 11.3 per cent. As a result, the year's GDP growth is expected to slow to 10.6 per cent. — Xinhua

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