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CHINA PRESS: China's economic development will focus on improving quality and
efficiency while maintaining medium to high speed growth after the 19th
Communist Party Congress, the Financial News reported Wednesday, citing Wang
Yiming, vice-director of the Development Research Center under the State
Council. The demand for energy and mineral resources will reach a peak as new
industries expand further and old ones slow down, Wang said. Provincial-level
revenue will continue to rise as urbanization deepens. China will build up a
modern economic system with improvements in supply-side quality as a priority,
Wang noted. (Financial News)