Strong growth defies doomsayers' expectations

Despite a slight slowdown in the second quarter, China's growth has remained on track in the first half of this year, reaching an expectation-beating 6.8 percent year-on-year.

China's economic resilience is highlighted by the fact that growth has remained between 6.7 percent and 6.9 percent for 12 consecutive quarters.

Considering it has been necessary for the authorities to take stringent regulatory measures and keep a prudent monetary policy stance to control financial risks, the 6.7 percent GDP growth in the second quarter is noteworthy.