Some people don't want to believe this.
Many provinces already reached this level.
24 out of 26 provinces see increase in GDP growth
July 27, 2015
Of 26 provinces that have released their latest economic data, 24 posted an increase in GDP growth in the second quarter, while stable growth remained a major priority for the latter half of the year, reported Shanghai Securities News.
Chongqing municipal and Guizhou province are the only two that reported a double-digit year-on-year growth in the first six months, 11 percent and 10.7 percent respectively.
Anhui and Shandong province saw their latest growth rate in line with the first quarter.
Liaoning province, ranked at the bottom, grew 2.6 percent in the first half of the year. Its full-year growth target was 6 percent.
Beijing and Shanghai municipals reported a 7 percent growth with better-poised economic structure, said the newspaper, as finance, information and technology services contributed to 73.7 percent of the capital's GDP growth.
Economic powerhouse Guangdong province grew 7.7 percent in the first half of the year, up from first quarter's 7.2 percent.
China's GDP expanded 7 percent year-on-year in the second quarter, earlier data from the National Bureau of Statistics showed, remaining unchanged from its first-quarter.
The nation's economic slowdown is likely to grind to a halt by the end of this year or the first half of 2016, and the GDP growth rate will stay around 7 percent, according to Xinhua citing Li Daokui, director of Tsinghua University's Center for China in the World Economy, on Thursday.
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Overwhelming Majority of Chinese Remain Optimistic about Economy amid Goomy World
2015-07-26
A survey shows the Chinese feel better about their economy than people in other parts of the world.
Pew Research Center found in the survey that 90 percent of the Chinese say that economic conditions are good and 88 percent of the Chinese are optimistic about financial prospects of the next generation.
More than 45,000 adults of 40 countries were polled in the Pew' s survey, which was focused on people's perception of current economic situation in their respective country.
In general, the survey found that half of the population in Asia-Pacific region regard their economies as good.
Most of the people in other parts of the world, especially in Europe, the Middle East and Latin America, however, are dissatisfied with their economies, said the survey, with 70 percent in Europe, 67 percent in Middle East and 63 percent in Latin America expressing their dissatisfaction.
As to the world's largest economy, America is doing inadequately to improve its economy as 56 percent of the Americans say the economy is bad. When it comes to prediction of economic situation in the future, 60 percent of Americans say they are worried about prospects of the next generation.
