PBOC advisor: China’s GDP could rise to 6% in H2

Stimulus policies could lift China’s gross domestic product (GDP) to 6% in the second half of this year, Liu Shijin, a deputy head of the China Development Research Foundation and a policy adviser to People’s Bank of China (PBOC), said over the weekend, according to Yuan Talks. 

Shijin added that growth could reach around 6% next year due to a low comparison base. 

China’s economy grew by 3.2% year-on-year in the June quarter following a record slump in the January to March period.