China announced first half GDP growth 7 percent opposition for butt straps.
China announced the first half-year of 2015 that GDP per cent 7 exceeded expectations as a result of high growth sectors. the property sector began to rebound and the export sector is a bright direction.
Mr. yun Choeng several national statistical offices, a spokesman for the Chinese. The report Wednesday July 15 2015 that the rate of economic growth (GDP) of China in the first half stood at 7 percent of GDP in the quarter by 2 equal by 7 percent in the first quarter, but higher than the 6.9 percent forecast the results of experts both at home and abroad, some as numbers exceeded reality.
Some Chinese economists that the Government has issued various measures during the early years, such as the reduction of interest rate reduction of Bank reserves. To increase investment in infrastructure and policies supporting the development of entrepreneurship and innovation. Started in the right direction as a result of good service sectors grow. Real estate market recovery and the positive trend in exports.
While some news agency such as the Financial Times reported that Chinese stock prices reduced to suddenly collapse into late June as indicators that the economy is in a downtrend, China clearly over the figures from the Government. Moreover, there are still concerns that the sector has a high production capacity exceeds demand from abroad.
However, a spokesman for China National Statistics Office reiterated confidence that the Chinese economy in the second half will continue to grow and is expected to begin a year (with an economic growth rate of 7 percent).