China growth target at risk


BEIJING: China must step up pro-growth policies over the next three months or risk missing its annual growth target of 7.5%, a senior official at a top government think-tank said.

Zheng Xinli, vice-chairman of China Centre for International Economic Exchanges (CCIEE), said that Beijing must boost investment growth, preferably by raising spending on the country's high-speed rail network, to stop a slide in economic growth that had lasted for six straight quarters and was running into a seventh.

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