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The Chinese authorities must defy the expectations and set a target for economic expansion for this year, Bloomberg reports, citing comments from Zhang Liqun, a researcher at the Development Research Center of China’s State Council.

Further comments

“Without a certain pace of expansion, the quality of the economy doesn’t have support.”

“I think it is necessary to set a goal for economic growth this year, and the conditions are in place for it,” referring to the strong post-covid pandemic recovery.

“The lack of a GDP target last year was mainly due to uncertainty due to the pandemic.”

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