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New growth figures show that the Chinese economy is rolling along,... growing at a faster than expected pace in the second quarter this year. This... as the country′s stimulus measures kicked in. Our Shin Se-min tells us more. China′s economy is back on track, growing seven-percent in the second quarter and beating market expectations that it would drop into the six-percent range. The figure still suggests the lowest level of growth since the global financial crisis in 2009,… but meets China′s target of roughly seven-percent for this year. ″The Chinese government is capable and has the confidence to prevent the regional and systematic risks from happening. It is also capable and has the right conditions and the confidence to promote the stable development of the stock market and the domestic economy.″ The country′s statistics bureau said the second quarter figure was driven in part by better-than-expected employment figures,… but added that further actions would be needed to strengthen the economy. Meanwhile, industrial output jumped six-point-eight percent in June,… up point-seven percentage points from the previous month. The rosier statistics have been attributed to the central bank′s stimulus policies, which have helped put a floor under the Chinese economy. The central bank has slashed its benchmark rate four times since last November as part of efforts to shore up the slowing economy... after seeing its quarterly GDP growth drop steadily from seven-point-eight in 2013. Despite beating expectations, there are lingering concerns about the government′s handling of the recent stock market crash that led share prices to tumble over 30-percent last month. That′s given rise to questions about whether President Xi Jinping′s so-called ″China Dream″ of building a ″rich and powerful nation″ is merely that.... nothing more than an unachievable dream. Shin Se-min, Arirang News.