Economic traction intact

Recent data indicate that interventionist policies of previous months have restored economic growth rates to normal levels

Macroeconomic data released recently by the National Bureau of Statistics (NBS) indicate that the Chinese economy is on an upward trajectory despite the pace of growth slowing from that of the previous year.

China's gross domestic product (GDP) touched 17.284 trillion yuan in the first half of this year, increasing 11.1 percent from the same period last year.