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BEIJING Cheap Evgenii Dadonov Jersey , Aug. 17 (Xinhua) -- China's economy is no longer growing at the dazzling speed it used to, but it could offer global investors far better opportunities as it focuses on restructuring and defusing possible threats to sustainability.


After a rebound in the first two quarters of this year, key indicators, including industrial output, investment Cheap Vincent Trocheck Jersey , retail sales and new loans, all grew less than forecast in July, sending jitters across the world markets.


The anxiety is understandable, given the role it has played in the world economy. Contributing to one-third of global growth, any faltering will ripple throughout the world.


Yet it would be hasty and short-sighted to over-react to the softer momentum.


Looking deeper Cheap Aleksander Barkov Jersey , one should be clear that a desired transition is underway -- the economy is shifting from high-speed growth to medium-high pace growth, while optimizing structure and changing the growth model from the unsustainable export- and investment-driven pattern to one that draws strength from consumption, the service sector and innovation.


Consumption, which contributed to 63.4 percent of the first-half economic growth, expanded 10.4 percent in H1 Cheap Florida Panthers Hats , accelerating marginally from the same period of 2016 and the first quarter this year.


Continuously expanding domestic demand will become an increasingly important source of export-led growth for China's major trade partners, provided that those countries grant open access to the growing Chinese markets.


The service sector, already accounting for 54.1 percent of the economy, maintained strong growth in H1. High-tech and equipment manufacturing industries expanded faster than the overall industrial output.


Instead of erecting trade and investment barriers, China has been striving to open up wider Cheap Florida Panthers Hoodies , which means global investors could have more opportunities in the market even its growth slows. In the latest move, China announced Wednesday a series of meures to attract foreign investment, including easier access and better protection of intellectual property rights.


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