Forget fears, economy is alive and kicking
China Daily | Updated: 2016-01-30 08:17
Editor's note: China's GDP growth in 2015 slowed to 6.9 percent year-on-year, sparking mixed reactions at home and abroad. Following are three distinct comments by media outlets:
The 6.9 percent growth was within people's expectations, given the increased downturn pressure on China's economy as revealed by fluctuating macroeconomic data last year. The growth, however, was also beyond expectations because some predictions put it at an even lower level, which was indicated by the positive stock market response after the data were released.
Although last year China's growth rate slipped below 7 percent for the first time in a quarter century, it was within the parameters set by the Chinese authorities.
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