By  on August 26, 2013

BEIJING — New economic indicators show China’s economy is stabilizing and on track for 7.5 percent overall growth this year, officials from the China National Bureau of Statistics said Monday.

“The economy is showing some positive changes. Signs of growth stabilization are becoming more obvious,” statistics bureau spokesman Sheng Laiyun told a news conference here. “We are confident that the economy is sustaining the positive momentum in the second half and confident of meeting the economic growth target.”

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