Economic slowdown 'due to rebalancing'
By Chen Jia | China Daily | Updated: 2013-07-16 07:12
Nation 'still capable of keeping steady growth momentum in second half'
China's economy grew by 7.6 percent year-on-year in the first half, a marked slowdown in comparison with near double-digit growth recorded two years ago.
A government spokesman said that reducing the growth rate is aimed at making room for rebalancing the economy.
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