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BEIJING, July 12 (Xinhua) -- The Asian Development Bank (ADB) on Thursday lowered its prediction for China's economic growth to 8.2 percent in 2012 and 8.5 percent in 2013, although a bank official said a hard landing is unlikely.
"The central bank may slightly cut interest rates and the reserve requirement ratio (RRR) sometime this year, but the current situation suggests less of a need for eased controls," said Lian Ping, chief economist at the Bank of Communications.

"It's still unclear whether the whole trend has changed or not, since the year's trade situation has been in fluctuation," Zhao said.
BEIJING, July 10 (Xinhua) -- Good education, housing, medical care and insurance are within the reach of more Chinese since the adoption of a market economy, according to a Tuesday commentary in the People's Daily, the flagship newspaper of the Communist Party of China (CPC).
"It's a fact that the two sides still have some differences, and we need to keep a positive attitude to seek more common ground and gradually resolve our differences in order to secure steady and long-term cross-Strait relations," Wang said.
来源:资阳报