Tag: China’s Economy

NOVANEWS By Lu Yanan People's Daily China’s better-than-expected economic performance in the first half of this year was applauded by overseas organizations who believe that China will continue to be a stabilizer of the global economy. Analysts pointed out that China’s satisfactory answer sheet on the economy is closely related to its strong resilience. In the first half of the year, China posted a forecast-beating GDP increase of 6.9 percent, higher than the global average. Global expectations on China’s economic performance are high. The International Monetary Fund (IMF) raised China’s 2017 growth forecast to 6.7 percent, its third increase this year. Bloomberg projected China’s GDP in the third and fourth quarters at 6.6 and 6.7 percent respectively, both projections 0.1 per...