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The Chinese GDP grew 7.9 percent in the second quarter of this year, a much better-than-expected achievement that surprised many economists, as the world economy has not totally recovered. Su Zhenhua, a researcher at the Shanghai Institute of Finance and Law, reminded the government not to be blinded by the good-looking GDP numbers but to instead focus more on structural readjustment An article of Su was published in the Shanghai Morning Post. Edited excerpts follow.
The Chinese GDP grew 7.9 percent in the second quarter of this year, a much better-than-expected achievement that surprised many economists, as the world economy has not totally recovered. Su Zhenhua, a researcher at the Shanghai Institute of Finance and Law, reminded the government not to be blinded by the good-looking GDP numbers but to instead focus more on structural readjustment An article of Su was published in the Shanghai Morning Post. Edited excerpts follow.