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China Academic Sees Second Quarter Growth at 10.6%, Times Says

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July 5 (Bloomberg) -- China’s second-quarter economic growth may be 10.6 percent, the Securities Times reported, citing Pei Changhong, director of the institute of finance and trade economics at the China Academy of Social Sciences.

The nation’s economy may grow 10.1 percent in the third quarter, 9.3 percent in the fourth quarter and 10.5 percent for the full year, the Shenzhen-based newspaper reported, citing Pei.

Second-quarter consumer prices may gain 3.04 percent, the newspaper reported, citing Pei. Consumer prices may gain 3.3 percent in the third quarter and 2.2 percent in the fourth quarter, the newspaper reported, citing Pei.

To contact the reporter on this story: Zhe Huang in Beijing at zhuang37@bloomberg.net

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net