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China's GDP grows at 11.1% in H1

07-15-2010 13:03 BJT

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Figures just released by the National Bureau of Statistics show China's GDP growth rate reached 11.1 percent in the first half of the year. Officials say the country's economy is continuing an upward trend.

Bureau spokesman Sheng Laiyun says China's GDP growth continued the upwards trend in the first half of this year, to reach 11.1 percent. That's a big gain from 7.4 percent from the same period of last year, but also warns about possible risks.

Sheng Laiyun, Spokesman of National Bureau of Statistics said "Currently, both international and domestic environments are complicated for our economic growth. Many difficulties and discrepancies remain. China will continue to adopt an active fiscal policy, and a relatively relaxed monetary policy."

The Bureau says the half-year result holds the country in good stead for reaching its annual target of 8 percent. It says China will continue its macro policies, and work towards upgrading economic structure, foster new growth engines, and carry out systematic reform, in its bid to maintain stable and comparatively fast development for the whole nation.

Editor:Xiong Qu |Source:

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