China Press: Economy forecast to grow 6.8% in Q1 this year

Xinhua, China’s state news agency, reports overnight headlines from the National Academy of Economic Strategy, a part of Chinese Academy of Social Sciences (CASS), citing that China’s Q1 GDP is expected to expand 6.8%.

Key Points:

Economy is forecast to grow 6.8% in Q1 this year

For H1, prediction is +6.7%, industrial production seen expanding moderately in Q2, investment growing but more slowly

See slightly slower growth, according to the think tank. It said policy should work to reduce risks in the property & financial sectors