China says its economy is showing clear signs of stabilization, helped by policy support and some improvement in global demand

Gavin Wendt

China says its economy is showing clear signs of stabilization, helped by policy support and some improvement in global demand. It is on track to meet the government's 2013 growth target of 7.5 percent, the state statistics bureau said today. We are confident that the economy is sustaining the positive momentum in the second half and confident of meeting the economic growth target, said Sheng Laiyun, the NBS's spokesman. The economy is showing some positive changes. Signs of growth stabilization are becoming more obvious, he said.


About this contributor

Gavin Wendt

Gavin Wendt

Founding Director, MineLife

I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...

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