Jiangsu maintains stable economic growth in H1

As one of the country's major trade regions, East China's Jiangsu province maintained stable economic growth in the first half of this year, despite Sino-US trade friction, said its governor.

"Judging from major economic indicators from January to June, the economy of Jiangsu has been growing steadily, and enterprises across the region are gaining confidence in doing business. We are fully confident of being able to overcome the challenges," said Wu Zhenglong, governor of Jiangsu, during a media briefing in Beijing on Friday.

According to Wu, in the first half of this year, Jiangsu's GDP was 4.86 trillion yuan ($685 billion), up 6.5 percent year-on-year, which was 0.2 percentage points higher than the national average. By the end of June, the registered unemployment rate and the surveyed unemployment rate were 2.99 percent and 4.3 percent respectively - both below the national average level.