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China’s economy faces the twin challenges of realizing efficiency and achieving strong growth momentum By Lan XinzhenCHINA’S economic growth is picking up in a stable way,with GDP increasing 7.8 percent in the third quarter,higher than the 7.5 percent in the second,according to data from the National Bureau of Statistics(NBS)on October 18.However,compared with a strong rebound in July and August,the economic upswing in September is not sustainable.Therefore,emphasis should be laid on stimulating and stabilizing economic growth while carrying out restructuring.
China’s economy faces the twin challenges of achieving efficiency and achieving strong growth momentum By Lan XinzhenCHINA’S ECONOMIC GROWTH is picking up in a stable way, with GDP increasing 7.8 percent in the third quarter, higher than the 7.5 percent in the second, according to data from the National Bureau of Statistics (NBS) on October 18. However, compared with a strong rebound in July and August, the economic upswing in September is not sustainable. emphasis should be laid on stimulating and stabilizing economic growth while carrying out restructuring.