Analysts: China's economy slowdown under control
中國經濟發展放緩已得到控制

Analysts say the major indicators of the second quarter show that economic growth has stabilized and is ready to pick up. The prediction comes as the government has stepped up its efforts to bolster economic growth, especially in the investment field. Pan Jiancheng, from the National Bureau of Statistics explains to us how China's economy is changing.

"At this moment, the main engine of China's economic growth is increasing consumption. China has changed its investment model from resource-intensive and labour-intensive industry to intelligence-intensive or technology-intensive industry. This means we have made huge progress in terms of productivity and technology. And it's a sign of change in China's pattern of economic development," Pan said.