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World bank raised its forecast for China's economic growth rate from 6.5 % to 7.2 % in the year of 2009 and suggested policy developers to delay any more impulse plan to boost the world's third largest economy.

World Bank said Thursday in is largest quarterly that good government investment is the major key in the growth of China's economy but the private investment is likely to regular to leg. China's economy is continuously growing, it will expend 7.2% in 2009 from a year before, up from 6.5 % forecast in March.

Economists of world now estimating that increment of China's Economy is due to Government spending. China's government spent a lot of money into railways, public housing and social welfare programs. World bank warned that the risk of extra cash and money was being invested into incapable private and government industries and programs at the expense of the private sector.

Louis Kuijs, the World Bank economist said ,” Government investment has soared while at the same time market-based investment – where decisions are based on profit, sales and margins – has lagged behind substantially and will continue to lag because prospects for China's exports remain weak.”
"Economic growth of China is unlikely to rebound to a high single digit pace before the world economy recovers to solid growth," the bank said.