摘要
CHINA＇S GDP growth slipped to 7 percent in the first quarter of 2015, the lowest level in six years. On the other side of the equation, convincing signs of an improved economic structure, a buoyant job market and faster-than-expected consumer spending are solid evidence of a better-quality and increas- ingly mature economy. That said, in order to keep the slowdown in check, the central authorities have been urged to take further steps to tackle potential risks, including a lackluster property sector, persist- ent deflationary pressure and high financing costs for businesses. The first-quarter GDP figure was better than previ- ously forecast by multiple institutions. It has also met the annual target of 7 percent set by the Central Government for 2015.
CHINA＇S GDP growth slipped to 7 percent in the first quarter of 2015, the lowest level in six years. On the other side of the equation, convincing signs of an improved economic structure, a buoyant job market and faster-than-expected consumer spending are solid evidence of a better-quality and increas- ingly mature economy. That said, in order to keep the slowdown in check, the central authorities have been urged to take further steps to tackle potential risks, including a lackluster property sector, persist- ent deflationary pressure and high financing costs for businesses. The first-quarter GDP figure was better than previ- ously forecast by multiple institutions. It has also met the annual target of 7 percent set by the Central Government for 2015.
