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China 2012 GDP likely grew 7.7 per cent: Xinhua

Published on Jan 11, 2013 4:57 PM
Mr Zhang Xiaoqiang, vice chairman of China's National Development and Reform Commission. -- PHOTO:Bloomberg

BEIJING (REUTERS) - China's economy is forecast to grow 7.5 per cent this year after likely growing by 7.7 per cent in 2012, a senior official from China's powerful economic planning agency was quoted by state news agency, Xinhua, as saying on Friday.

Xinhua said on Weibo - China's version of Twitter - that Mr Zhang Xiaoqiang, deputy head of the National Development and Reform Commission, was speaking at a financial forum.