The World Bank has lowered the forecast for GDP growth in China.

World Bank has lowered the forecast growth rate of China's GDP in 2009 from 7,5 to 6,5 percent. That was reported by Reuters. In March 2009, Prime Minister Wen Jiabao of China said that the country's economy in 2009 will grow by eight per cent despite the global financial and economic crisis.
In doing so, the World Bank noted the country's economic fundamentals, saying that the fall in GDP growth rates will not affect the economic and social stability in China.
According to World Bank economists, further attempts by Beijing to step up investment to slow the decline in the economy could adversely affect the medium-term indicators of the economy of China.
In general, the World Bank appreciated the effect of measures to stimulate demand, which were included in the package of state economic incentives in China. Recall that the PRC government in November 2008 announced a plan to stimulate the economy, which is allocated to the financing of 585 billion dollars.