The Chinese government believes GDP there will expand by 6.5 to 7 percent this year.
That is according to Xu Shaoshi, who heads the National Development
and Reform Commission, China’s top economic planning organization.
He said Beijing’s efforts are now focused on fixing weak points and structural adjustments.
That includes infrastructure in the central and western regions as
well as the education and healthcare sectors, but he warned that efforts
to curb overcapacity are expected to push up unemployment in some
Chinese provinces where there is high output of steel and coal.
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Source: Euronews
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