BEIJING, Nov 4 - Following are the main economic forecasts for China in 2009 and 2010 that the World Bank released on Wednesday alongside projections for 2009 that it gave earlier this year.
2010 -------2009------ 2008
Nov Jun Mar Real GDP growth (pct change) 8.7 8.4 7.2 6.5 9.0
Consumption 8.8 8.7 8.4 7.8 8.2
Gross capital formation 8.6 17.6 12.6 8.4 9.5
Exports 9 9 -12.4 -10.1 -6.0 8.4
Imports 10.4 -0.7 -4.7 -4.0 3.9 CPI (pct change) 2.0 -0.8 0.5 0.5 5.9 Fiscal balance (pct of GDP) -4.1 -3.3 -4.9 -3.2 -0.4 Current account balance (US$ bln) 213.0 261.0 388.0 425.0 426.0
As share of GDP (pct) 4.1 5.6 8.0 8.8 9.8 Change in reserves (US$ bln) N/A 442.0 218.0 425.0 419.0 M2 growth (pct change) 17.0 27.0 19.0 17.0 17.8 ___________________________________________________________ Note: GDP forecast is production-based; GDP components are expenditure-based. For a story on the forecasts, double click on [ID:nPEK132888]
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