Yu Bin: GDP growth is expected to exceed 10% in four quarters

Yu Bin, Minister of Macroeconomic Research at the State Council's Development Research Center, said in Beijing 21st that China's economic growth in the 4th quarter is expected to exceed 10% per cent and GDP growth will reach around 8.5% in the year. It is reported that Yu Bin in the 6th session of China's economic growth and economic Security Strategy Forum, pointed out that, thanks to the sustained high investment growth, the actual growth of consumption to the highest level, the international market share of export products in the steady rise, the steady rebound in industrial production and other 4 factors, supporting China's economic recovery, GDP growth is expected to reach 10% or even higher in the 4th quarter of this year. Annual economic growth is expected to achieve just over 8% of the target, which will remain at around 8.5% and may be higher in the first quarter next year. Yan)