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China's economic policy focus should....>

CHINA PRESS
CHINA PRESS: China's economic policy focus should shift to stimulating growth
while also continuing to bail out companies, Caijing Magazine reported citing Yu
Yongding, a former member of the PBOC's monetary policy committee. Yu said that
the key to achieving these goals was the provision of sufficient funds for
infrastructure investment. In order to achieve real GDP growth of 2-2.4% real or
3-3.4% nominal GDP growth, fixed asset investment growth must exceed double
digits in the second half of the year, with infrastructure investment growth
significantly surpassing the fixed asset investment figure, Yu said. 

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