The news office of the State Council is scheduled to hold a press conference on July 16, 2009 10 o'clock in the morning, please the National Bureau of Statistics spokesperson, National Economic Comprehensive Statistics Division Director Li introduced the first half of this year's national economic performance, and answer the reporter asked. As many economists have predicted, the June CPI decline narrowed to -1.3%,ppi growth or 6.9%, two-quarter GDP growth or rebound to 7.5%. Liu Yuhui, director of the China Economic Evaluation Center at the Institute of Social Sciences, Changbaoliang, chief economic analyst at the National Information Center, and Yuanzheng, chief economist of China Bank, predicted June CPI-1%, and the chief economist for JPMorgan, the managing director of the Chinese region, gong a 7.6% per cent year-on-year decline in the June PPI. The predicted value for Liu Yuhui is-6%. Industry experts expect GDP growth in the two quarter to be between 6.9% and 7.5%, and as a result of last year's base and "guaranteed growth" measures gradually emerged, the annual GDP is expected to rebound on a quarterly basis, the Chinese economy "two dip" is impossible. "GDP growth is expected to be 6.5% per cent year-on-year, with the impact of last year's base, the annual economic growth rate will appear before the high trend, the annual GDP growth will reach 7.5%-8%." Fan, director of the information forecasting Department at the National Information Center, said GDP is expected to rebound quarterly. The chief economist of CICC thinks that GDP has achieved a growth rate of 6.1% per cent in the first quarter, two is expected to reach 7.4%, three quarters will exceed 8%, four is near 9%, and this year's economic "eight" problem is small. (Bauchengan)
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