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Jakarta Post

China to maintain steady growth

  • Xiao Qian


Jakarta   /   Mon, September 3, 2018   /  01:14 pm
China to maintain steady growth Security guards walk in front of containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. (Reuters/Aly Song)

In recent years, China’s economic trend has drawn much attention from the outside. Now, in face of such new challenges as rising protectionism, how is the Chinese economy performing? Can China sustain its steady growth? And how will China’s economic ties evolve within the region and beyond?

According to the latest statistics from the Chinese National Bureau of Statistics (NBS), China’s gross domestic product (GDP) expanded 6.8 percent year-on-year (yoy) in the first half, and has stabilized at a range of 6.7 to 6.9 percent for 12 consecutive quarters. 

The nominal growth of average per capita disposable income was 8.7 percent, outpacing the overall economic growth. The national consumer price index registered a moderate rise of 2.0 percent. 

The surveyed urban unemployment rate was maintained at a relatively low lev...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.