Economy expected to remain on track

The Chinese economy is expected to hold up in the second half of this year cushioned by structural upgrades, as the government has the policy tools at its disposal to deal with domestic and external challenges, according to officials and economists.

Economic restructuring continued to see major improvements in the first five months, during which time emerging industries gained momentum, adding to the resilience of the economy, according to the Economic Operation Bureau with the National Development and Reform Commission.

China's industrial sector is seeing solid growth momentum, according to the bureau, citing recent data for industrial output.