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Exclusive: China to target around 6.5 percent growth in 2017 - sources Jan 16, 2017
 

FILE PHOTO: Apartment blocks are pictured on a hazy day in Wuqing district of TianjinBy Kevin Yao BEIJING (Reuters) - China will lower its 2017 economic growth target to around 6.5 percent from last year's 6.5-7 percent, policy sources said, reinforcing a policy shift from supporting growth to pushing reforms to contain debt and housing risks. The proposed target was endorsed by top leaders at the closed-door Central Economic Work Conference in mid-December, according to four sources with knowledge of the meeting outcome. "The target will be around 6.5 percent, which indicates that slightly slower growth is acceptable," said one of the sources, a policy adviser.


 
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