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Chemical Week Magazine :: Cover Story

China: Five-Year Plan Sustains Growth

2:00 PM MST | January 7, 2011

The Chinese economy will grow 9.1% in 2011, compared with 9.6% in 2010, the Asian Development Bank (ADB; Manila) says. The mild pullback in growth this year reflects the expected phasing out of government economic stimulus measures, ADB says. The Chinese government launched an Rmb4-trillion ($601 billion), two-year economic stimulus plan in 2008 in response to the economic crisis, and it helped strengthen China’s demand for chemicals. But as the massive economic stimulus package winds down, the Chinese government’s next five-year plan, covering the period...

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