Nation's stimulus package constructive: WB chief

MIANYANG, Sichuan: China's economic stimulus package is "constructive" and its economy may grow faster next year than the World Bank forecast of 7.5 percent, bank president Robert Zoellick said yesterday.

"The initial action China has taken in terms of fiscal expansion and easing monetary policies strikes me as constructive," he said during his visit to Sichuan province yesterday.

The World Bank's latest forecast puts China's GDP growth next year at 7.5 percent, well below last year's 11.9 percent.