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China Highlights Production, Investment to Boost Q4 Growth: Daily

CHINA PRESS
MNI (Singapore)

China will focus on stabilizing industrial production, expanding investment and promoting consumption to boost Q4 growth, as local authorities try to meet annual economic targets and counter downward pressure, the Economic Information Daily reported. With the epidemic eased, consumer spending during the October holiday improved from previous holidays, and exports may hold up as the global supply chain recovers, which will in turn stabilize industrial and manufacturing investment, the newspaper said citing Lin Zhiyuan, deputy director of Macroeconomic Research Center at Xiamen University. The accelerating issuance of local government special bonds will help boost infrastructure investment, Lin added.

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