A worker is seen carrying a sack of cardboard, for recycling, on to the back of a truck in Chongqing, China. China's leaders vowed to avoid systemic financial risks next year and keep growth in a "reasonable range" in 2020. - Bloomberg
BEIJING: China plans to target economic growth of around 6% in 2020, at the low end of this year’s range of 6% to 6.5%, International Media reported, citing policy sources.
To cushion a sharper slowdown, the state also plans to spend more on infrastructure by allowing local governments to issue more special bonds next year, Reuters said.
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