China's economy is likely to grow at an annual rate of around 6.7 per cent in the second half of 2017, slowing slightly from the first half of the year, the State Information Center (SIC) said on Tuesday.
The SIC is an official think tank affiliated with the National Development and Reform Commission, the country's top economic planning agency.
It forecast full-year growth in the world's second largest economy of around 6.8 per cent, it was reported as saying by the the state-owned China Securities Journal.
The SIC said the small decline would reflect a number of factors including a slowdown in export growth and a cooling of investment in the real estate market.
"The emerging service industry will maintain good growth momentum," said the SIC.
China's economy grew 6.9 per cent in the second quarter from a year earlier, slightly faster than expected, supported by a government infrastructure spending spree and a red-hot housing market.
Reuters
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
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Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Profile Idealz
Company: Idealz
Founded: January 2018
Based: Dubai
Sector: E-commerce
Size: (employees): 22
Investors: Co-founders and Venture Partners (9 per cent)
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- Golden circle - Dh995
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
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What are the regulations?
- Fly it within visual line of sight
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- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
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