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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 Chinaâ€™s demand for chemicals. But as the massive economic stimulus package winds down, the Chinese governmentâ€™s next five-year plan, covering the period...
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