China’s Gross Domestic Product (GDP) growth in the first three quarters to exceed 7 per cent
Sandra Sen
Oct. 19, 2009

Chinese deputy director general of the Industry Department of the National Development and Reform Commission (NDRC) says government’s 4-trillion-yuan ($585.65 billion) stimulus package, rolled out in November last year, contributed much to the economic recovery.

China’s GDP growth was 7.1 per cent in the first half over the same period last year with 6.1 per cent in the first quarter and 7.9 per cent in the second.

The NDRC would mainly redress production overcapacity in six sectors including steel, cement, plate glass, the coal-chemical industry, polycrystalline silicon and wind power equipment, said Mr. Xiong.

China’s Gross Domestic Product (GDP) growth in the first three quarters to exceed 7 per cent
Sandra Sen
China says government’s 4-trillion-yuan ($585.65 billion) stimulus package, rolled out in November last year, contributed much to the economic recovery.
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