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China Aims For A Healthy Level Of GDP Growth-People's Daily

CHINA PRESS
MNI (Singapore)

China policy makers will implement supportive measures and make efforts to ensure the economy grows at a good and healthy level, the People’s Daily in its commentary on Wednesday. Fiscal policy needs to be more positive in term of cutting taxes and fees and expanding domestic demand via issuing local government special bonds to boost infrastructure. And monetary policy needs to remain flexible and work to stabilise market sentiment, it said. The authorities needs to prepare additional tools for the new downward pressure to maintain economic growth, it noted.

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