China's economy continued steady expansion in the first half of this year with GDP up 6.9 percent year on year to about 38.2 trillion yuan (5.6 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday.
China's economy is operating within a reasonable growth range due to effective policies implemented by the Chinese government, say experts.
China's efforts to rigorously reform and continue opening up of its financial sector will contribute to global efforts to contain risks, said analysts.more
In less than three weeks, the AIIB received the three highest ratings from global credit rating agencies in recognition of its strong capital base and stable outlook.more
Loans to China's property sector expanded at a slower pace due to strict purchase rules and ongoing financial deleveraging.
China's plan for AI development is a major step for carrying out the innovation-driven development strategy and making the country a global leader in science and technology.
Ofo and Mobike, China's two largest bike-sharing companies, have sought global expansion and spread smart-commuting to more cities in the world.