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PREMIER IN ACTION

China H1 economic growth in line with expectations

The performance of the Chinese economy in the first half of the year was steady and in line with expectations, Premier Li said.

Premier stresses supply-side reform

During a meeting with business leaders, Premier Li said reform is the fundamental driver of China’s economic development.

KEY INDICATORS

Positive picture of local economy

Twenty-one provincial regions saw GDP growth exceeding the country’s 6.7 percent in the first half of 2016.

GLOBAL PERSPECTIVE

Economy stabilizes as consumer spending perks up

China’s economy stabilized in the second quarter as lending and consumer spending perked up in June, suggesting the world’s second-largest economy is responding to stepped up fiscal policy support.

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INSIGHT

Economy stable at New Normal levels

The gathering momentum of new driving forces are causes for optimism on China’s economy in the first half of the year.

China’s economy stabilizes despite headwinds

China’s economy grew slightly faster than expectations in the second quarter of 2016, stable from the first quarter and fueling hopes for a steady economic development.

China to push fee listing system

An open and comprehensive system of fee and price listing will be fully implemented in China to regulate enterprise-related fees.

Service sector expansion reflects restructuring

China’s expanded business activity in the service sector in June shows the effect of restructuring as the economy moves away from reliance on manufacturing.

IN FOCUS

  • 2016 FIRST QUARTER STATISTICS
  • 2015 economy in review