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China s GDP Growth Misses Expectations, Jumping 6 3% in Second Quarter

China s GDP Growth Misses Expectations, Jumping 6 3% in Second Quarter
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China cuts benchmark lending rate for first time in 10 months, more stimulus measures in pipeline to spur recovery

Provinces roll out policies in Q2 growth sprint, as experts expect full-year GDP growth to exceed 6%

Chinese provinces have intensively rolled out policies to expand domestic demand, stabilize manufacturing growth and boost effective investment in a full-speed sprint to achieve notable development in the second quarter. Experts are upbeat about China s stable economic recovery and long-term bright prospects, projecting the economy will undoubtedly grow above 6 percent in 2023.

China s insurance industry maintains adequate solvency: NAFR

Four days after its inauguration, China s National Administration of Financial Regulation (NAFR) announced a previously held meeting, focusing on the operation of the domestic insurance industry, while stressing its role in strengthening regulation and deepening reforms in the financial sector.

State contractor builds bridge to connect old revolutionary base with prosperous future

An old revolutionary base with many cultural relics, Yudu county, Jiangxi province, is set to witness faster socioeconomic development and better livelihoods, as the construction of a vital conduit in the county progresses steadily, said China Railway 24th Bureau Group Corp Ltd (CR24) working in Yudu.

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