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China's economy expanded by 6.9 percent in the first half of 2017, with consumption and services, together with new innovation-driven economic sectors, taking up larger roles. In light of the strong data and expectations of continued fiscal support, the IMF in July revised China's growth forecast upward to 6.7 percent for 2017 and 6.4 percent for 2018.
China's manufacturing purchasing managers' index stood at 51.5 last month, compared with August's reading of 51, according to the National Bureau of Statistics. A reading above 50 signifies growth in factory output.
China's foreign trade declined 3.2 percent year-on-year to 14.24 trillion yuan in the first half of 2020, shrinking 1.7 percentage points compared to the yearly decrease of the first five months this year, according to data released by the General Administration of Customs.
China's largest provider of on-demand online services Meituan-Dianping officially announced Wednesday it is taking full control of the leading Chinese bike-sharing company Beijing Mobike Technology Co Ltd for an undisclosed amount, dealing a blow to its biggest rival Didi Chuxing.
China's government has proven to be highly successful and responsible in carrying out these core obligations.
来源：资阳报