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China To Further Increase Pro-Growth Policies: Daily

CHINA PRESS
MNI (Singapore)

China will strengthen macro policy to stabilise economic growth with expansionary plans in boosting infrastructure investment and consumption as well as targeted monetary tools likely to be introduced, the Economic Information Daily reported citing Zhong Zhengsheng, chief economist of Ping An Securities. Local authorities are striving to stabilise Q2 GDP growth, mainly by ensuring major projects are kicked off as early as possible as well as increasing the security and stability of supply chains, the newspaper said.

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