It is quoted by Hong Kong Wen Wei Po that the International Monetary Fund (IMF) raises the anticipation of China’s GDP growth in 2009 again to 7.5%. And in 2010 it will reach 8.5%. In April, IMF forecast in World Economic Outlook that China’s GDP will grow by 6.5% this year and in 2010 it will increase by 7.5%.
IMF is also expected that China’s CPI will fall 0.9% in 2009 compared with the same period in 2008, while in 2010 China’s CPI will grow 0.6% year-on-year. During May-June, IMF delegation visited China, and the discussion mainly focused on stimulating consumption of private sector and preventing over-investment of capital-intensive enterprises.