GDP to rebound in Q4, says expert  

中行料中国经济四季度GDP或增8.2%“触低回升”

中国银行国际金融研究所24日在北京举行2012年四季度经济金融展望会，预计中国经济“触底回升”。受政策刺激和基数效应影响，四季度中国GDP增速有望达到8.2%，全年中国GDP增幅为8%左右，略高于7.5%的调控目标。

Beijing (CNS) – China's GDP will rebound in the fourth quarter of this year with a growth of 8.2 percent, Cao Yuanzheng, chief economist at the Bank of China, predicted on Monday.

The figure is optimistic, Cao said, adding that China's economy has touched the bottom but still lacks strength to rebound.

In the past three months great effort was put into infrastructure investment, and consumption also rose, brightening some antecedent indexes, said Cao.

Both periodical and structural economic factors contributed to this round of economic growth, and the GDP may fall next year even if it achieves the growth of 8.2 percent in the fourth quarter, Cao added.

Long-term economic policy should be combined with short-term policies, and financial reform is necessary, he said.