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Package ‘to ensure at least 9% economic growth’
China’s stimulus plans are aimed to guarantee at least 9 percent economic growth over the next two years, according to a senior State Council researcher.
“The huge new spending initiative can help achieve that,” said Li Jianwei, an economist with the State Council’s Development Research Center, a think-tank under the nation’s Cabinet.
Li said this target could be achieved if the central government’s new spending tops 300 billion yuan next year … CD
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