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China’s economy to maintain stable, positive trend in H2

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The Chinese economy will maintain its stable and positive trend in the second half (H2) of this year, following a sustained recovery in the January-June period, an official said Friday.

During a press conference, Yuan Da, from the National Development and Reform Commission, highlighted positive changes in various economic indicators for July such as faster growth in power generation, improving market expectations and a two-month rise in the manufacturing purchasing managers’ index.

The government’s policy mix that continues to take effect will promote economic improvements, according to Yuan.—Xinhua

 

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