China is expected to report.............>

CHINA PRESS: China is expected to report better-than-expected gross domestic

product (GDP) growth this year at 6.7% or 6.8%, according to economists

affiliated with various government thinktanks, reported Shanghai Securities News

on Monday. 

  - These expectations are comparable to the 6.5% GDP goal set by China for this

year; 

  - The momentum for economic growth is strong, as indicated by accelerated

growth of private investment and manufacturing investment: Wang Yiming, deputy

director of Development Research Ceneter of the State Council; 

  - Consumption for the whole year should maintain stable gains at 9.5%, export

should grow at a two-digit growth rate, Renming University predicted; 

  - The government needs to make its fiscal policy more provocative, maintain

its prudent and neutral monetary policy and further cut taxes; but RRR may be

cut based on real conditions, the economists said, according to the newspaper.