2014年CRI 中国二季度GDP增7.5% 中国巴西秘鲁将共建两洋铁路（在线收听）

The latest economic stats released by the National Bureau of Statistics is raising expectations of a financial turn-around here in China following a shaky start to the year.

The data released by the NBS shows growth in the second quarter has come in 7.5 percent, picking up slightly from the 7.4 percent expansion in the first quarter.

A spokesperson for the National Bureau of Statistics says the data shows the Chinese economy is enjoying stable and moderate growth.

In this year's government work report, the plans laid-out are to maintain an appropriate level of economic growth while improving the quality of GDP and upgrading the country's broader economic structure.

The government has a full-year growth projection of 7.5-percent.

Chinese President Xi Jinping is suggesting that Peru and Brazil team up with China to help build a planned railway across the South American continent.

Xi Jinping has made the proposal during a meeting with Peruvian President Ollanta Humala in Brazil.

The three countries are expected to issue a joint statement on the railway project.

And this project will see a railway run all the way from the Peruvian Pacific coast to the Brazilian Atlantic coast.

Xi Jinping has proposed establishing a trilateral work group to deal with the massive project.

The Chinese President is on a state visit in Brazil, the first stop on a four-nation Latin American tour.