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China should set average growth target of around 5% for 2021-2025 – State think tank

China should set an average annual growth target of around 5% for the 2021-2025 period, Li Xuesong, Deputy Director of the Institute of Industrial Economics at the Chinese Academy of Social Sciences said at a press briefing on Tuesday.

Separately, the People’s Bank of China (PBOC) Governor Yi Gang said that China should stabilise its macro leverage ratio.

 

more to come …

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