Fixed-asset investment grew 8.6 per cent year on year in the first half, down 0.6 percentage points from the first quarter, while private sector investment was up 7.2 per cent to 17 trillion yuan, accounting for 60.7 percent of the total.
On a quarterly basis, GDP added 1.7 percent from 1.3 percent in the first quarter matching estimates. Its solid growth reinforces recoveries for commodity exporters and keeps 2017's pickup in global growth on track.
Analysts polled by AFP had forecast growth of 6.8 percent after the economy expanded 6.9 percent in the first quarter. A regulatory crackdown pushed up money market rates and helped damp down speculative lending while at the weekend President Xi Jinping warned regulators that failing to spot and dispose of risks in a timely manner would amount to a "dereliction of duty".
This would fall more-or-less in line with the IMF's forecast of 6.7% and above the government's target of 6.5%.
Strong retail sale and industrial production data supported offset of a slow start for Chinese stocks that may have been connected to the talks of stricter financial regulations.
Over the half, China produced 419.75 million tonnes of crude steel, up 4.6% on the same period a year earlier. "So I think the PBOC (People's Bank of China) just continues to be watchful", said Craig James, chief economist for Commonwealth Securities in Sydney.
Economist Craig James said that based on the data, easing and tightening are really not necessary since inflationary pressures are very much contained therefore PBOC should just remain to be observant.
"The national economy performed within an appropriate range with more visible good momentum and achieved steady growth, rise in employment, stable prices, income growth and optimizing structures", said the NBS.
Industrial output gained 7.6 percent in June prior year beating analysts' expectation of a 6.5 percent increase.
Si bien según la fiscalía contabiliza una víctima fatal, desde la oposición afirman que son dos los muertos. Por su parte, el sucesor del fallecido Hugo Chávez asevera que sus adversarios sólo buscan derrocarlo.
Kerr, a former Open winner and a member at this course , was tied at 4 under with Spain's Carlota Ciganda (72). "I support Trump. But Thomas, from the UltraViolet group, said that many of the golfers privately agreed with the organization's stance.
It was announced at EVO 2017 championships over the weekend, and is set for release sometime in 2018. BlazBlue: Central Fiction is a strong note for the series to go out on, if it really does end here.
The Company's Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The ex-dividend date is Monday, July 3rd. 03/28/2017 - Commercial Metals Company was upgraded to " by analysts at Credit Suisse.
A USA reporter tweeted the words of Bob Iger who said: "This is the best performance of Mark Hamill as Luke Skywalker to date". We obviously didn't make the movie to be her final film - final Star Wars movie.
The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.07. Guggenheim Capital LLC boosted its position in shares of Brookdale Senior Living by 3.9% in the fourth quarter. (NYSE:BKD).
Ms Damond ran her meditation workshops at the Lake Harriet Spiritual Community , which paid tribute to her in a Facebook post. Minneapolis police faced intense pressure on Sunday after authorities admitted there was no footage of the incident.
The Trump administration has tied returning the compounds to Russian Federation if Moscow shows "acts of good faith" in Syria. Undersecretary of State Thomas Shannon who will discuss the continued diplomatic row.
La mujer fue llevada en primer lugar a la enfermería del penal y luego a la UPA de Los Hornos, donde se produjo su deceso. Al enterarse de su muerte, varias de sus compañeras del pabellón 4 comenzaron a incendiar colchones a modo de protesta.
British baby Charlie Gard to be evaluated by USA doctor
In addition to evaluating Charlie, Hirano will meet with doctors and others, on Monday and Tuesday, who have been caring for him. The High Court has previously ruled that Charlie's life support should be removed to enable him to die with dignity.
Al-Aqsa mosque closed after Jerusalem shooting
Spokesman Micky Rosenfeld said police tracked down the 34-year-old suspect in a joint operation with the military. With the shrine off limits, the faithful lined up near Damascus Gate and other entrances to the Old City.
IBM Revamps Mainframes With Eye On Data Protection
Payment systems pricing based on the business metric of payments volume a bank processes, not the available capacity. For example, it also announced today the launch of IBM Cloud BlockChain data centers in six cities worldwide.
Failures caught Ferrari by surprise - Vettel
This encouraged the men behind him to close in for the final laps as Hamilton reeled off another fastest lap to prove his mastery. After an investigation, the stewards gave Kvyat a drive-through penalty. "The auto was so good to drive today".