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China 2021 GDP May Grow 8.1%: YiCai

CHINA PRESS

China's GDP growth may reach 8.1% as macroeconomic indicators have improved strongly each quarter, YiCai reported citing forecasts from the China Macroeconomy Forum at Renmin University. Policymakers should however be cautious as many extraordinary policies supporting the current economic rebound end next year, according to Liu Yuanchun, the Vice Dean of the state-run school with ties to PBOC. China needs to continue to expand domestic demand while maintaining ample supply and return to normalized macro control measures, the report said.

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