date:Apr 10, 2013
12, expanding by 7.8 percent, though a fourth quarter bounce to 7.9 percent year-on-year was taken as the starting point of what is widely described as a modest recovery.
Investors expect GDP data due next week to confirm that the economy gained further traction in the first three months of 2013, with analysts in the Reuters poll forecasting that growth nudged up to 8.0 percent year-on-year.
The central bank said last week China's economic growth was stabilising and that inflation was basicall