equipment manufacturing: China GDP in the second quarter was a stable 6.7 percent, according to Xinhua China. Although this is the lowest quarterly rate since the global financial crisis, it is within the government range for 2016 of between 6.5 and 7 percent. BEIJING, July 17 -- China disclosed its mid-year economic health check, featuring indicators that the economy is generally in good shape and on track for stable economic growth and restructuring. Infrastructure investment accelerated, lifting equipment manufacturing and boosting industrial production. The economy is heading into the second half of this year with positive momentum. Retail sales growth quickened on the back of a rebound in demand for consumer items.
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