Economy strong going into 2nd half

The Chinese economy is expected to remain resilient in the second half, as continued efforts to promote economic transformation will support the economy as it bottoms out, experts said.

China's economy steamed along in the second quarter with 6.9 percent GDP growth, beating market expectations and hovering well above previous institutional forecasts.

"The resilience of the economy can be seen by the relatively high growth rate since the financial crisis back in 2008, but now there is much more to tell behind the headline growth number," said Hu Angang, director of Center for China Studies of Tsinghua University. "We have made continued progress moving away from the old manufacturing model to services-led model."