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Now TV (Hong Kong):

The GDP growth rate of the second quarter dropped 0.2 percentage point from the first quarter. How much was this due to the trade war? Will the figure continue to decline in the second half this year for the same reason? Thank you.

Mao Shengyong:

Thank you for the question. The economic growth rate of the first half this year was 6.3%. On a quarterly basis, it dropped slightly by 0.2 percentage point. I have mentioned that the world economy overall has slowed down in terms of development, and our external environment has become more complex. At the same time, we have continued to focus on structural adjustment and upgrading. In this context, when analyzing the overall economic performance, we should see if our economic performance has remained within a reasonable range. Currently, despite a slight slowdown in the growth rate, the major economic indices have all remained in a reasonable range and can meet our expectations.

In the next period, despite possible changes in the external environment, we will focus on our own affairs, striving to keep the economic performance within a reasonable range and striving for high-quality development. Thank you.

Shou Xiaoli:

Thank you, Mr. Mao. Thank you everyone. That ends today's press conference. See you all next time.

Translated and edited by Li Huiru, Chen Xia, Zhu Bochen, Zhang Jiaqi, Li Jingrong, Zhang Rui, Guo Yiming, Huang Shan, Wu Jin, Zhang Liying, Li Shen, Wang Wei, Yang Xi, Zhou Jing, Zhang Junmian, Jay Birbeck, Geoffrey Murray, Degen Hill, Kenneth Teh Chiu Soong