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Fresh forecasts point to 6.5% growth easily being met

By Wang Yanfei | China Daily | Updated: 2017-06-30 10:17

The Chinese economy - in the wake of recent upbeat data underscoring an industrial recovery - is expected to enjoy stable growth and is capable of reaching the growth target of around 6.5 percent for the whole year, according to forecasts released on Wednesday.

A report issued by the research institute of the Bank of China predicted that China's economy will likely expand by around 6.8 percent year-on-year in the second quarter and by 6.7 percent in the third quarter.

The economy will grow this year at an annual rate of 6.8 percent, the report added.

Fresh forecasts point to 6.5% growth easily being met

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