Addressing Economic Chanllenges

摘要

At a July 15 press conference,China’s National Bureau of Statistics(NBS)released data on the country’s economic performance in the first half of this year showing that China’s gross domestic product(GDP)expanded 2.5 percent year on year to 56.26 trillion yuan(US$8.65 trillion).GDP growth in Q2 was 29.25 trillion yuan(US$4.50 trillion),up 0.4 percent year on year.The Chinese economy secured positive growth in Q1 and Q2 despite downward pressure.