"China's GDP growth in the past half year is another sign of recovery in the global economy and China's centrality to it, with strong trade performance helping to hold growth up," said Peter Drysdale, head of the East Asian Bureau of Economic Research and East Asia Forum at Australian National University.
China has witnessed strong foreign trade dynamics, an increase of almost 20 percent in the last six months, Maslov said.
The growth is the result of a number of factors, including China's adoption of new logistical flows, signing full or partial free trade agreements with a number of countries and the rapid development of e-commerce.
MORE EFFORTS ON DEEPENING REFORM
China should "create a stable, fair, transparent and predictable business environment, and speed up efforts to build an open economy in a bid to promote the sustainable and healthy development of the Chinese economy," Chinese President Xi Jinping said at a meeting of the Central Leading Group on Finance and Economic Affairs on Monday.
"I think it's a good time for China to move ahead with economic reform because the economy is doing quite well and it's easier to reform in the good times than in the down cycle," said David Dollar, senior fellow at the Brookings Institution in Washington.
Drysdale said the Belt and Road Initiative and the anti-corruption campaign have illustrated the Chinese leadership's determination to push forward with reform, despite difficulties.
The challenge is to deliver the benefits of reform without pumping up the economy. That means continuing to prioritize reform over growth, he said.
