Authorities say GDP grew by 7.9% in two quarters

The report yesterday, in the research group hosted the "Government Procurement and enterprise Development Opportunities Symposium", an authority quoted by the National Bureau of Statistics, said that the first half of the country will be announced today GDP growth of 7.1%, two quarter GDP growth of 7.9% year-on-year.　　The growth rate is basically in line with current market expectations. The authority said that after the country's macro-policy transition by the end of last year, people were watching closely about the effectiveness of the policy.　　He pointed out that GDP growth in the first half of the two quarter reached 7.9% levels, and 6.1% in the first quarter after a different weighting, the official reported year-on-year increase will be 7.1%.　　The authority said that if the first half of the 7.1% level, in accordance with the current development trend, the three or four-quarter economy will continue to achieve relatively high speed of some growth, the year around 8% of the target should say there is no suspense.　　He also said that in order to achieve this goal, we need to protect the growth of employment, maintain stability and maintain a good and rapid development situation, at the same time to carry out the transformation of development mode, enhance economic efficiency, optimize economic structure, promote reform, deepen mechanism conversion. As for CPI and PPI data, the authority did not give a clear figure, only that the CPI and PPI continue to show a double negative situation, CPI growth is negative, PPI growth of six points more negative.　　He pointed out that, although according to the price index, linked to the rapid expansion of credit, the implicit logic is that sooner or later there will be an alternative to deflation, but he does not think it is necessary to worry too much about faster inflationary pressures, because the inflationary pressures of society in anticipation are just a kind of neutralization that can blunt deflationary pressures.　　For the above data, the Department of the Ministry of the Group members of the chief of Staff Lihua said that the data in line with expectations, according to this judgment, the year to achieve eight no problem. Macroeconomic data for the first half of this year will be announced 10 o'clock in the morning today, according to the official website of the National Bureau of Statistics.