Fine-tuning policies to boost economic growth


BEIJING: China is likely to fine-tune its economic policies by injecting sufficient liquidity and accelerating fiscal spending to support economic recovery and contain downside risks amid surging commodity prices as growth slowed in the second quarter, economists said.

China’s gross domestic product expanded 12.7% year-on-year in the first half of 2021 and the country’s gross domestic product (GDP) rose 7.9% in the second quarter from a year earlier, the National Bureau of Statistics (NBS) said.

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