World Bank Raises Forecast for China's GDP growth
The World Bank on Wednesday (Nov 4th) raised China's economic growth forecast for this year. China's GDP is expected to hit 8.4 percent this year, a little higher than the country's goal of 8 percent. In June, the bank had already raised its forecast for 2009 to 7.2 percent from its earlier prediction of 6.5 percent. Ardo Hansson, the bank's leading economist on China, attributed the possible faster growth to the Chinese government's massive fiscal and monetary stimulus measures. It also projected sustainable and robust growth in 2010.

106th Canton Fair Ends in Hope
The 106th Canton Fair ended yesterday (Nov 4th) after a 20 day long exhibition which brought hope to most exhibitors. So will any new measures be launched in the next sessions? According to Chen Zhaoren, spokesman of the fair, the next session of the fair will continue with three phases, although some buyers consider have already expressed frustration at the length of the fair which makes it impossible for them to see everything. More from our reporters Yang Zhen and Liu Chenshao:
The costume and textile exhibitors at the third phase of the Canton Fair complained that the schedule made them miss important opportunities. Chen responded that the fair has been reformed based on market demands, and that a new assessment will be made after the next session:
"There will be no changes in the 107th Canton Fair, but for the 108th Canton Fair, we will see if it¡¯s necessary to make adjustments."

Japanese PM Meets with GD Party Head
Guangdong will enhance economic and trade cooperation with Japan. Yesterday, Japanese Prime Minister, Mr. Hatoyama met with Wang Yang, the Secretary of Guangdong's CPC Committee. Mr. Hatoyama said Guangdong and Japan have the largest transaction volume amongst all Sino-Japanese trade. He hopes Guangdong will continue to play an important role in the friendship ties between the two countries. Wang emphasized on the importance Guangdong attached to the exchanges and cooperation with Japan.