Chinese Economic Growth May Be 9.5% Next Year, Securities Journal Reports

China’s economy may grow 9.5 percent in 2011, the China Securities Journal reported today, citing estimates by Fan Jianping, chief economist at the State Information Center.

China may keep a moderately loose monetary policy stance and maintain new loan growth at 7.5 trillion yuan next year, the Beijing-based newspaper reported, citing Fan. The nation’s 2011 trade surplus may narrow by about 19 percent from this year to $140 billion, Fan was cited as saying.

The State Information Center is a research agency under the National Development and Reform Commission.

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