China's economy will grow an estimated 8.5 per cent in 2006, slower than that of this year, reports Market Daily on October 14, citing a study released on October 11 by the Institute of Macroeconomics under the State Development and Reform Commission (SDRC).
The report suggests that China should adopt incentive consumption measures and implement an easy monetary policy to counteract the economic impacts brought about by the slowdown of investment and exports so as to prevent deflation.
By People��s Daily Online