The NBS said it was not a low growth, considering the headwinds China is facing. These include weak exports, factory overcapacity, a soft property market and slowing investment.
One bright spot is that the services sector's share in the GDP rose 2.4 percentage points to 50.5 percent, overtaking other sectors, which analysts say signified China's structural transformation. The GDP figure provided some relief to investors as it matched previous forecasts.
Also, as it is raising the chances of more stimulus policies to come in 2016.Wang Bao’an, NBS Commissioner says economic growth was maintained in a proper range
