In a recent article "China economy still facing downward pressure - state planner" published by Reuters, it stated that “China's economy still faces downward pressure and growth momentum is insufficient", according to the country's top economic planning agency, the National Development and Reform Commission (NDRC)’s Gao Gao, who is vice-director of the integration department of the NDRC, said that he was not optimistic on the outlook for external demand. During the first six months of 2015, China reported a growth rate of 7% year on year, in line with Beijing's full-year target. However, the stock market plunge since June and currency adjustment in early August have fuelled concerns about the health of the economy.