China's gross domestic product (GDP)....>

CHINA PRESS: China's gross domestic product (GDP) growth this year is expected

to reach around 6.6%, higher than the target of "around 6.5%" announced by the

government in March, said Economic Information Daily, a newspaper under the

Xinhua News Agency, on Monday. 

  - The higher-than-expected growth will be driven by the government's measures

to increase domestic consumption and by the growth of new economic drivers, the

commentary said; 

  - GDP growth in the second quarter is likely to be around 6.7% to 6.8%, the

commentary said; 

  - However, China must still be cautious of downward pressure on economic

growth in the second half, it said, due to financing difficulties for small

companies amid deleveraging and risk control campaigns, a drop in property

investment and potential downward risks of export.