Nation on course to meet GDP growth goal

China is well positioned to meet its preset annual growth target this year, supported by pro-growth policies, a resilient domestic market and rapid advances in technological innovation, said a renowned economist.

Zhang Xiaoyan, associate dean at Tsinghua University's PBC School of Finance, expressed confidence in the foundations of the Chinese economy, even as she acknowledged continued global and domestic challenges.

"There are obviously a lot of challenges, but China's economy has been growing very steadily over the past years," Zhang said.