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China’s Premier Li: Economic growth could exceed target

China’s economic growth this year is likely to surpass a target of “above 6%” amid government measures, Bloomberg reports, citing comments from Chinese Premier Li Keqiang, delivered in a meeting with foreign business executives.

Key quotes

“We need to seek a balance between growth, income, and employment, and we cannot pursue economic growth based on high energy consumption and heavy pollution,”  

“China needs growth in employment and income, and will have to work more on boosting domestic demand and consumption.”

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