China economic growth remained steady

China economic growth remained steady in the first half of 2019 despite headwinds, with a number of conditions supporting high-quality development, according to the National Development and Reform Commission (NDRC). China's GDP growth came in at 6.3 percent year-on-year in the first half of this year, meeting the government target of between six and 6.5 percent set for 2019. In the second quarter of this year, growth slowed to 6.2 percent, its slowest pace in the 27 years since quarterly record keeping began. Mao Shengyong, National Bureau of Statistics (NBS) spokesman, said that "growth remained on track despite increasing external uncertainties and new downward growth pressure". The NDRC said it will take measures to address points of weakness, ensure stable investment, further improve the coordination mechanism, begin construction of major national projects, promote the healthy growth of private investment and deepen reform in delegating powers, enhancing regulation and strengthening public services.