China’s H1 economic performance wins global praise - ECONOMY - Humanrights


China’s H1 economic performance wins global praise
July 25,2017

July 25, 2017 -- China’s economic performance in the first half of 2017 has won praise from global media, with its GDP rising 6.9 percent year on year.

The year-on-year increases of the added value of industrial output, retail sales of consumer goods and fixed-asset investment stand at 7.6 percent, 11 percent and 8.6 percent respectively, according to Le Figaro.

Le Monde said China will easily achieve its full-year growth target of around 6.5 percent set for 2017.

China’s stable economic growth which contributes over 30 percent to the global economic growth, will inject confidence to its trade partners, said Les échos.

According to The Guardian, China’s stable and rising economic growth has benefited from the implementation of the supply-side structural reform. It added that China’s stronger-than-expected growth gives a positive sign to its investors.

“China’s economy will boost the recovery of commodity output and contribute to the upturn of global economic growth,” said Bill Adams, senior international economist at Pittsburgh national bank.

By: Ma Yangyang

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