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No forceful stimulus to lift China's economy in near term-Premier Li
April 10, 2014 / 2:45 AM / 4 years ago

No forceful stimulus to lift China's economy in near term-Premier Li

BOAO, China, April 10 (Reuters) - China will not take any forceful stimulus measures to counter short-term fluctuations in its economic growth, Premier Li Keqiang said on Thursday, stressing again that authorities have flexibility in achieving the 2014 growth target.

Sustaining healthy growth in China’s labour market is most important for the government, Li told an investment forum in China’s southern island of Hainan. Whether China’s annual economic growth comes in slightly above or below a targeted 7.5 percent is less important in comparison, he said.

Reporting by Aileen Wang and Koh Gui Qing in BEIJING

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