Research says China's economy growing

China's economy is expected to grow 11.3 per cent in the year through the second quarter, up from the 9.8 per cent of the first quarter, a think-tank under the country's economic planner says.

China's gross domestic product (GDP) for the first half of 2004 will be up 10.5 per cent from the previous half, the National Development and Reform Commission's macro-economic research institute said in a report in the China Securities Journal.

The think-tank also said it saw no need to raise interest rates

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