Forecast of higher mainland growth
05-05-2009
A mainland government think-tank says the country's economy will grow by 7 percent in the second quarter of the year.
If that's correct, it would mean the economy had hit the bottom in the first quarter which grew at 6.1 percent - the slowest rate in ten years.
The State Information Centre predicted investments in fixed assets, such as factories and construction, would increase 27.6 percent from a year ago.
The projections suggest that the government's 4 trillion yuan spending package announced in last November was taking effect.
