China will work to ensure quality and steady economic growth in the second half of 2013 by boosting demand, industrial upgrading and reforms, a report said.
According to the state council's report on the implementation of China's economic and social development plan, improving the quality and efficiency of the country's economic development will remain a "central task" in the second half of the year, Xinhua reported.
The report, delivered to the ongoing bi-monthly session of the National People's Congress Standing Committee, said the country will maintain the consistency and stability of its macroeconomic policies and continue to implement a proactive fiscal policy and a prudent monetary policy.
China's economic growth, which was boosted by strong domestic demand in the first six months of the year, was higher than expected, said Xu Shaoshi, who delivered the report on behalf of the state council. Xu is head of the National Development and Reform Commission, China's top economic planner.
In the first six months, the country's economic growth hit 7.6 percent, higher than the 7.5 percent target, he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
