介绍:
A government think tank is forecasting that China's economic growth will expand by around 6.7 percent in the first quarter of this year.
The National Academy of Economic Strategy says that in making the prediction, it took into account slower industrial production and investments, and weak consumption and exports.
On the back of stronger fiscal and monetary support, the academy forecast growth in the second quarter would pick up at round 6.8 percent.
Meanwhile, the institution expects consumer prices to grow by around 2.2 percent in the first three months.
China's economic growth rate target has been set at 6.5 to 7 percent for this year, with an average annual growth rate of at least 6.5 percent through 2020.
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