Anchor: Official data released on Thursday shows that the Chinese economy expanded 7.9 percent year-on-year in the second quarter as the nation became the first of the major economies to rebound from the global recession.
CRI's Chen Zhe has more:
Reporter: The National Bureau of Statistics announced that China's GDP grew 7.1 percent from the same period last year to nearly 14 trillion yuan, or about 2 trillion U.S. dollars, in the first half of the year. (www.hXen.com)
Analysts said it increases confidence that China will achieve the full-year growth target of eight percent.
Yao Jingyuan is chief economist at the National Bureau of Statistics.
"Figures of the first quarter have shown signs of recovery. So people have paid special attention to the data of the second quarter because whether we can realize our target of the whole year depends on the economic situation of the first half. China's economic recovery is also significant to the world economy."
China, the world's third largest economy, saw its growth rate tumble to 6.1 percent in the first quarter as exports shrank to a decade low.
Li Xiaochao, spokesperson for the statistics bureau, says many uncertainties still remain as the economy is on the road to recovery.
"The difficulties and challenges in the current economic
