China's GDP for the year will grow by 6.9% - forecast

Almaty. December 9. Silkroadnews - Bank of China Experts predict that by the overall stable functioning of the economy at the end of 2015, China's GDP will grow by about 6.9%, reported the newspaper "People's Daily".
Senior Researcher of Institute of International Finance Jintun Zhou pointed out that in 2015 generally maintained a good momentum of development.
In 2016, the risks of deflation of the global economy will remain. At the same time measures to stimulate demand will gradually lose their effectiveness, and the structural adjustment of supply and technological innovation will not be able to play a leading role in the launch of the global economy out of the doldrums, stressed the expert.
At the same time he acknowledged that China still faces many difficulties in export. Solid economic growth threaten to low demand, excess capacity, low profitability, low investment in the industry, the availability of financial and fiscal risks, the newspaper said.