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China's exports will maintain a mild growth rate while the growth in infrastructure investment will continue to be robust, while social retail sales may see a steady rebound, economists at UBS Securities said in a research note. They forecast that China's GDP growth in the third and fourth quarters will bounce back to between 5.5 percent to 6 percent.
China's economic development has transformed from the phase of high growth speeds underpinned by high inputs of resources into a new phase that features a slower growth but improvements in the quality and efficiency of growth, according to him.
China's environmental protection lags far behind its economic status, and decades of breakneck growth have left parts of the country saddled with problems such as smog, and contaminated waterways and soil.
China's management of its economy is also making Pearce more comfortable. He recently allowed his money managers to invest in Chinese mainland equities directly for the first time in the firm's history.
China's gaming craze is shared across all ages and genders. The digital game market increased 23 percent year-on-year to 219 billion yuan (.6 billion) last year, the largest in the world, according to the China Culture and Entertainment Industry Association.
来源：资阳报