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DUBLIN, Sept. 18 (Xinhua) -- Ireland's gross domestic product (GDP) in the second quarter increased by 1.5 percent on a seasonal basis, according to official figures on Thursday.

The figures from the Central Statistics Office (CSO) showed that industry increased by 4.7 percent in volume terms between the first and second quarters.

On the expenditure side, capital investment increased by 9.1 percent while exports made a positive contribution of 723 million euros (about 933 million U.S. dollars), a 7.2 percent increase from a quarter ago.

The CSO figures also showed the country's gross national product (GNP) increased by 0.6 percent between the first and second quarters.

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by Han Bing, Ying Qiang

PARIS Jeremy Mathieu France Jersey , March 7 (Xinhua) -- Emmanuel Gros and his cousin Cyril Benoit, two French entrepreneurs who deal with investment business between China and France, have closely monitored the evolution of the Chinese economy for at least four years. As witnesses on site in China, they were surprised by the negative image of the Chinese economy described by some Western press.

At a breakfast press held recently in Paris, MM. Wholesale and Benedict shared their views with the guests. In their eyes, the growth slowdown and stock fluctuations are far from the full picture of the Chinese economy. In reality, China is in an important economic transition Hugo Lloris France Jersey , which will bring lots of new opportunities in the country's market.

CHINA NOT AT EDGE OF COLLAPSE

""I am very surprised by the very negative general image of China presented by certain French press,"" said Mr. Gros, Co-founder of the company Benedict & Associates Investment Bankers, during the breakfast press.

""When we see on the ground, several figures present a different image of the Chinese economy,"" he noted, adding that during the last year in China Eliaquim Mangala France Jersey , the volume of retail sales increased by about 11 percent, passenger vehicle sales achieved a growth of over 7 percent, the nominal income per capita Chinese has increased almost 9 percent.

According to Benedict, founder of Benedict & Associates, the importance of risk that the Chinese economy is facing should not be exaggerated. For example, although the ups and downs have taken place on the Shanghai Stock Exchange since last June, but the stock market fluctuations do not have shaken the fundamentals of the Chinese economy Dimitri Payet France Jersey , nor reflected the real fundamentals.

""We must see that the Chinese stock market finances the economy only by three percent, so (in case of stock market crash), it has little influence for the country,"" he said, adding that the Chinese stock market is more easily influenced by irrational emotion because most investors in this market are individuals, instead of institutional as in the Western countries.

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