chinas economic growth to slow next year
Wednesday 20 August 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

China's economic growth to slow next year

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice China's economic growth to slow next year

China's economic growth to slow next year, says state think tank
Beijing - Emiratesvoice

China's economy will have shown improvement this year but slow slightly in 2018, a top state think tank forecast on Wednesday, with government investment seen easing as leaders look to recalibrate the country's growth dynamic.

But while the Chinese Academy of Social Sciences (CASS) estimate was better than its previous outlook it warned of possible trade headwinds from US President Donald Trump's protectionist leanings.

At a briefing to release it its annual outlook, CASS said the world's number two economy would expand 6.8 percent in 2017 and tick downwards to 6.7 percent next year.

The forecasts come as Chinese leaders wrap up a key economic meeting known as the Central Economic Work Conference taking place behind closed doors in Beijing.

The conference will map out plans for next year and is expected to outline policies to implement President Xi Jinping's push for quality growth in lieu of high growth targets.

The think tank's forecast for this year is higher than Beijing's target of about 6.5 percent and is better than last year's final reading of 6.7 percent, which was the slowest for more than a quarter of a century.

In last year's report CASS predicted the economy would grow 6.5 percent in 2017.

State investment and exports have driven China's spectacular growth, but the think tank forecast fixed-asset investment will decelerate to 6.3 percent next year. The key indicator showed growth of 7.2 percent in the first 11 months of this year.

The outlook comes on the heels of solid economic data in recent months and three quarters of healthy growth.

The economy grew 6.8 percent in July-September, following 6.9 percent in the previous two quarters.

But CASS forecast it would fall to 6.7 percent in the final three months.

Xi has indicated he is willing to accept lower growth as China tackles financial risk and heavy pollution. He emphasised this point by leaving out new growth targets from his speech to delegates of this fall's party congress.

Researchers were uncertain about the global trade outlook as Trump embarks on a policy of economic and political nationalism, while the Federal Reserve is expected to lift interest rates -- which could lead to a flight of capital from China.

"Trump is saying America first, America is the boss of everything, America's interests are the priority," said Jin Baisong, a researcher at the Ministry of Commerce.

"If this type of hegemonic policy comes to pass, with them considering China unfair to us on trade, the policy resolution could be extremely fierce," Jin said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas economic growth to slow next year chinas economic growth to slow next year

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas economic growth to slow next year chinas economic growth to slow next year

 



GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 07:14 2017 Friday ,22 December

European stocks struggle as US tax cut euphoria wanes

GMT 12:31 2017 Monday ,09 October

Elham happy for participating in Festival

GMT 05:24 2017 Friday ,22 December

Two Palestinian women in court

GMT 22:12 2017 Tuesday ,06 June

Actress Maguy Bou Ghosn happy

GMT 09:52 2018 Tuesday ,16 January

The Cranberries singer Dolores O'Riordan dies aged 46

GMT 12:47 2017 Wednesday ,01 November

Netflix suspends 'House of Cards' production

GMT 10:56 2017 Monday ,10 July

Fashion Forward Dubai Announce Dates

GMT 07:50 2017 Wednesday ,13 September

Irma toll jumps to 12 in Florida: official

GMT 17:01 2018 Thursday ,30 August

Television reporter killed in Mexico

GMT 13:08 2011 Monday ,26 December

Top moments of Ousamma Darragi\'s career

GMT 11:17 2011 Tuesday ,11 October

Jo Yeates \'suffered 43 injuries\'

GMT 17:55 2017 Friday ,10 February

Saudi private sector can now treat drug addicts

GMT 08:29 2012 Saturday ,11 February

Vmoto SCARTT 500cc

GMT 21:02 2017 Monday ,18 September

Truck jumps traffic light on UAE road

GMT 13:56 2017 Wednesday ,15 February

UAE seeks to build human settlement on Mars by 2117

GMT 08:26 2018 Wednesday ,24 January

World powers meet to pressure Syria on chemical attacks

GMT 00:49 2018 Wednesday ,24 January

Positive aviation sentiments fuel MRO industry's growth
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice