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China’s GDP growth expected around 5% this year, senior official says

China's economy is expected to grow by about 5% this year, according to Han Wenxiu, the Deputy Director of the country's Central Financial and Economic Affairs Commission.
Han Wenxiu stated that China is expected to contribute close to 30% of global growth at an economic conference.
China plans to issue more debt and loosen monetary policy to maintain stable economic growth, as pledged by the government.
Han emphasized that a more active fiscal policy would help China respond to unstable economic factors and support annual targets.

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CGTN

Insights from senior officials about China's key economic work conference

After a key conference of Chinese leaders to decide priorities for next year's economic work, senior officials voiced confidence that the country will accomplish major economic and social development goals this year and promote a sustained economic recovery in 2025.

2 months ago·Beijing, China

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Global Times

China’s economy expected to grow about 5% in 2024, contributing to nearly 30% of global growth: senior official

China’s economy is projected to grow around 5 percent in 2024, contributing to nearly 30 percent of global growth, Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs said on Saturday.

2 months ago·Beijing, China

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Reuters

+4 Reposted by 4 other sources

China's GDP growth expected around 5% this year, senior official says

2 months ago·United Kingdom

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South China Morning Post

China’s growth on track to hit target of around 5%, senior official suggests

Country is going to achieve major goals this year, an economic forum in Beijing told.

2 months ago·Hong Kong

China looks for stable growth in expanding local demand

China's economy is expected to grow by about five per cent this year, an official says, with more debt and looser monetary policy to maintain stable growth.

2 months ago·Australia

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WTVB

+2 Reposted by 2 other sources

China’s GDP growth expected around 5% this year, senior official says

BEIJING (Reuters) – China’s economy is expected to grow by about 5% this year, the deputy director of the country’s central financial and economic affairs commission said on Saturday. The world’s second-largest economy is expected to contribute close to 30% of global growth, Han Wenxiu told an economic conference. China’s foreign exchange reserves likely remained above $3.2 trillion this year while employment and prices are expected to remai…

2 months ago

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