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    Economic slowdown 'due to rebalancing'

    By Chen Jia | China Daily | Updated: 2013-07-16 07:12

    Economic slowdown 'due to rebalancing'

    Nation 'still capable of keeping steady growth momentum in second half'

    China's economy grew by 7.6 percent year-on-year in the first half, a marked slowdown in comparison with near double-digit growth recorded two years ago.

    A government spokesman said that reducing the growth rate is aimed at making room for rebalancing the economy.

    Economic slowdown 'due to rebalancing'

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