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ys.com/kevin-durant-jersey/]Kevin Durant Jersey

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BEIJING, Aug. 14 (Xinhua) -- Fresh data added to evidence that China's economy was heading for a slower but steadier growth as the country endeavored to sustain sound development while defusing risks.


After a strong rebound in the first two quarters, data released Monday by the National Bureau of Statistics (NBS) showed growth of factory output, investment and consumption all slowed a notch from the previous month.


Value-added industrial output grew 6.4 percent year on year in July Jerami Grant Jersey , down from the 7.6-percent increase for June but up from the 6-percent rise for the same month of last year.


Fixed-asset investment growth slowed to 8.3 percent in the first seven months from 8.6 percent in H1, while retail sales rose 10.4 percent in July from a year earlier, cooling from June's 11 percent pace.


Growth of private investment, which accounts for 60.7 percent of total investment, slowed to 6.9 percent for January-July from 7.2 percent in the first half of the year.


Zhang Liqun with the Development Research Center of the State Council Raymond Felton Jersey , said the indicators' moderation was a short-term fluctuation affected by adverse weather, and would not change the trend of a stable economic growth.


China's economic performance has been generally stable with better momentum, which would stay unchanged during the rest of the year, NBS spokesperson Mao Shengyong told a press conference.


The government would focus more on improving the quality and efficiency of economic growth. "China should not only pursue a larger economic size, but also strive to build muscles to make the economy more robust Kevin Durant Jersey ," Mao said.


China targets an annual economic growth of around 6.5 percent for 2017, down from the 6.7 percent pace recorded in 2016.

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