China Records Economic Growth of 7,9%

China's latest economic growth was largely due to the government's USD 585 B economic stimulus plan unveiled November 2009, annalists say. File photo

China's economy grew by 7,9% between April and June year-on-year, up from 6,1% in the first quarter, thanks to the government's big stimulus package.

The country's quickening economic expansion comes as most nations in the West continue to experience recession, the BBC said.

Beijing now expects China to achieve 8% growth for 2009 as a whole, which compares with a predicted contraction of between 1% and 1,5% in the US.

However, the Chinese government warned that some economic challenges remain.

China's latest economic growth was largely due to the government's USD 585 B economic stimulus plan unveiled November 2009, annalists say.

 

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