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Submitted by ctv_en_7 on Mon, 04/17/2006 - 11:00
Chinese President Hu Jintao said on Sunday that China's economy grew 10.2 percent in the first quarter of this year compared to the same period last year, but said the government was concerned about overly rapid growth.

"We do not seek high-speed economic growth," Hu said during a meeting with a former Taiwan opposition leader in Beijing.


China's economy expanded 9.9 percent in 2005, with overall gross domestic product for the year totaling US$2.26 trillion.


The economy has consistently overshot official targets for the past several years.

Government economists earlier offered predictions of between 8.5 percent and 9 percent for this year, a range in line with estimates by the World Bank and many private economists.

 

CNN

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