Chinese Premier Li Keqiang said last month that the country could reach this year's economic growth targets.
China's GDP grew at a slightly faster-than-expected pace in the second quarter, according to official data published Monday, as surging industrial production and solid exports kept the world's second-largest economy humming in the face of significant concerns for its financial sector.
The growth rate is well above the government's target for the year of 6.5 per cent, reflecting a firming trend in the nation's economy, Xinhua news agency reported.
Observers expect a drop in China's economic growth in the second half of the year, but the government is trying to project stability ahead of an important Communist Party congress in a few months time.
Xing also noted, however, that China must be aware that there were "still many unstable and uncertain factors overseas and long-term structural contradictions remain prominent at home".
Central banks around the world are focused on the persistent low inflation, and the PBOC is no different, with CPI inflation printing 1.5 per cent in June, largely in line with market expectations.
Industrial capacity utilisation stood at 76.4 per cent in the first half, up 3.4 percentage points from a year ago.
That follows Moody's decision in May to downgrade China for the first time in nearly three decades on concerns over its ballooning credit and slowing growth. "Growth momentum has stayed pretty high and the authorities have really tamped down the pressures on the capital outflow", said Stephen Schwartz, head of Asia-Pacific sovereign ratings at Fitch.
Likewise, retail sales growth accelerated to 11% in June from 10.7% in May, while growth was expected to ease to 10.6%.
Fixed asset investment gained 8.6 percent on year - unchanged from the previous month and beating forecasts for 8.5 percent.
At a national financial work conference on Saturday, Chinese President Xi Jinping called for stronger financial regulation to contain risks.
Abbas Zaki, of the central committee of al-Fatah, said Israel was morally responsible for the Jerusalem attack. The temple was closed for the first time in almost 50 years on a Friday, Islam's holy day.
RJD has also accused the BJP of trying to drive a wedge in the RJD-JD (U)-Congress grand alliance in Bihar. Apart from this, 16 bills have been listed for introduction and passage in Lok Sabha and Rajya Sabha.
They were prompted by criticism of the speed with which police responded to the 2014 siege in a cafe in Sydney . The new powers will also allow troops to help police stop suspected attackers from fleeing the scene.
Once passengers were removed from the flight, an airport spokesman said an investigation quickly ensued on what caused the stench. RDU officials did not identify where the plane was from or its destination or what type of aircraft was involved.
Atari isn't yet discussing pricing details or a release date, nor is it sharing specific information about its games. This week however, Atari is making a return, announcing the Ataribox, which was originally teased last month .
The new characters will be showcased in Japanese publication V Jump , which specialises in manga and manga-related video games. DRAGON BALL FighterZ gives fans of all skill levels the opportunity to feel like their favorite DRAGON BALL character.
North and South Korea remain technically at war since the 1953, when an armistice agreement ended the war but no truce was signed. The two Koreas restarted Cold War-era psychological warfare after the North's fourth nuclear test in January 2016.
However, as compared to voice assistants such as Google Assistant and Apple Siri, Alexa's performance is far from being flawless . If there is one major thing that is missing from the control commands, it's the inability to launch streaming apps like Netflix .
Camilla Parker-Bowles has been celebrating her 70th birthday in style all week with one celebration after another. The photograph, taken in May, shows Charles and Camilla in the morning room of their London home, Clarence House.
The State Emergency Operation Centre in Special Relief Commissioner Office is tracking the situation closely. On the other hand, ODRAF and Odisha Fire Service, CRPF are in the spot and doing rescue and relief.
Spider-Man: Homecoming review
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France Calls For Lifting Of Sanctions On Qatar Citizens
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It's a shame I got second place but I performed to my maximum. "I think you can do it successfully, but not for GC", White said. Porte fractured a hip and a collarbone, while Martin, though hurt, was able to continue despite losing time on the leaders.
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Scientists want to release 20 million male mosquitoes here
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Highest total grossing film on the global box office this week is Wonder Woman which has now taken an incredible $764.8 million. This week saw the release of War For The Planet Of The Apes , which stars Andy Serkis , Woody Harrelson and Steve Zahn .
Emily Blunt is in spit spot form as Mary Poppins
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Ball has 36 points in Nike sneakers, Lakers win
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Syrian baby Justin Trudeau meets Canada's prime minister
The Canadian Prime Minister Justin Trudeau has had a very special meeting with the baby of a refugee couple named in his honour. His "playlist", which features, you guessed it, songs in both official languages, featuring a plethora of artists among us.