摘要
Three quarters over, and the Chinese economy speeding ahead at arather expeditious pace. Exact figures of the National Bureau of Statistics are available only mid-October, but it is not too adventurous to predict that GDP growth at the end of September will have reached at least nine percentage points year-on-year. Is this good news for the Chinese and world economies？ Most probably it is, even though some Chinese economists and government leaders would have preferred to have a growth-rate slightly under 9 percent. A little bit more than a year ago, China began to cool down its econo- my, which was in acute danger of overheating. These measures had some healthy effects. However - as the State Development and Reform Commission （SDRC） observes - there is ＂still unreasonable investment structure and new,
