Does China's slowdown pose a risk to the global economy? The Foreign Ministry responded
Wang Wenbin: China's economy has continued to recover, and the overall recovery is good. In the first half of this year, China's GDP grew by 5.5% year-on-year, significantly faster than the 3% economic growth rate of last year. The contribution rate of domestic demand to China's economic growth reached 110.8%, an increase of 59.4 percentage points. China's new photovoltaic installed capacity was 61.6 million kilowatts, accounting for more than 7% of the total installed capacity.
Source: tellerreport.com
