China has to concentrate on domestic demand

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Source: Marketwatch

China will try to increase the level of domestic demand and will work out policies aimed at boosting consumption growth, reported Xinhua News Agency. Global economy will experience difficulties next year and the country has to fine-tune its macroeconomic policies to make them more focused, flexible and visionary, said Li Keqiang, Vice Premier. China will increase its governmental spending into infrastructure projects, he added.

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