China to ramp up policy steps to revive economy

  • Posted on September 19, 2024
  • By Business News Today
  • 1 Views
China to ramp up policy steps to revive economy

Chinese policymakers are expected to enhance measures to achieve the challenging 2024 growth target, focusing on boosting demand to counter deflationary pressures. August data showed a broad economic slowdown, prompting expectations for more stimulus. President Xi Jinping has urged authorities to meet the around 5% GDP growth target.
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Business News Today

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