July 15, 2021

China's post-COVID-19 comeback continues to gain steam as its economy posted growth in all sectors in the second quarter and GDP expanded 12.7 percent in the first half of the year, according to data released by the National Bureau of Statistics on Thursday. 

This growth is seen by Chinese economists as a "miracle" considering the speed, scope and sustainability of China's transition from the epidemic-hit situation in early 2020 to the current economic state, although they also pointed out the uncertainties China is facing, such as rising commodity prices and external pandemic risks, as signs of growth slowdown have emerged. 

According to data released by China's National Bureau of Statistics on Thursday, China's GDP grew by 12.7 percent year-on-year in the first half of the year to 53.2 trillion yuan ($8.2 trillion). On a two-year average basis, China's GDP grew 5.3 percent. 

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https://www.globaltimes.cn/page/202107/1228792.shtml