Tag Archives: GDP

BRICS ready for larger role: report

The BRICS Summit to be held in China next week will play a positive role in shaping the global system, especially in time of retreat by advanced economies such as the United States, according to a study released on Tuesday.

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GDP data show continued expansion

China’s economy expanded at a faster-than-expected 6.9 percent year-on-year in the second quarter and economists said the trend of stable growth is set to continue into the second half of 2017, paving the way for the country to strengthen reforms.

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Industrial firms show healthy profit growth

China’s big industrial firms are expected to see stable profit growth in coming months, after a double-digit year-on-year increase in cumulative profit from January to May laid a solid foundation for the year.

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‘Resilient’ growth tops Q1 forecasts

China’s economy got off to a strong start in the first quarter, with GDP expanding at a higher-than-expected 6.9 percent year-on-year. The result, analysts said, has laid a solid foundation for the country to achieve its growth target of at least 6.5 percent this year.

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‘Realistic’ growth target set at about 6.5 percent

Premier Li Keqiang said on Sunday that China is setting a “realistic” economic growth target of “around 6.5 percent” of GDP, while the nation will “try to achieve better results”.

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Key areas for G20 economic reforms promoted

China is promoting priority areas and guiding principles designed for structural reform of G20 members, according to Finance Minister Lou Jiwei.

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