7% GDP growth likely in second half

Increase in consumption helped improve economic fundamentals, central bank chief tells global meeting

The world's second-largest economy is likely to reach a growth rate of 7 percent in the second half of this year, China's central bank governor Zhou Xiaochuan said on Sunday in Washington.

China's growth has slowed over the past few years, tumbling from more than 10 percent for years to 6.7 percent last year.