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China’s NBS: China’s economy still faces relatively big downward pressure

Following the releases of  upbeat Chinese activity data, the spokesman for the country’s stats bureau, National Bureau of Statistics (NBS) highlighted the following key points.

China’s economy still faces relatively big downward pressure.

China will keep its economic operations within a reasonable range.

China Nov nationwide survey-based jobless rate at 5.1%.

China’s economy created 12.79 mln new urban jobs in Jan-Nov.

Economic operations showed positive changes in Nov.

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