Bloomberg News

China Annual Growth Through 2015 to Average 7%-8%, Yu Says

December 15, 2011

Dec. 15 (Bloomberg) -- China’s annual economic growth will average 7 percent to 8 percent through 2015, Yu Bin, director of macroeconomic research at the State Council’s Development Research Center, said.

The country’s annual inflation rate will be around 5 percent over that period, Yu said at a briefing in Beijing. The government “will have to tolerate more inflation,” he said, citing factors including higher energy prices.

To contact the editor responsible for this story: Nerys Avery at navery2@bloomberg.net


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