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CN Finance Minister: CN Contribution to Global Economic Growth Kept at ~30% Over Past 4 Yrs
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During the "14th Five-Year Plan" period, fiscal macro-control of China has become more proactive and effective, Chinese media reported, quoting Lan Fo'an, Minister of Finance. On one hand, it strengthens counter-cyclical adjustments to iron out short-term fluctuations; on the other, it coordinates and advances cross-cycle adjustments to enhance medium- and long-term development momentum. It also supports expanding domestic demand, facilitates the development of new quality productivity, and promotes effective qualitative improvement and reasonable quantitative growth of the economy. Over the past four years, China's economy has achieved an average growth rate of 5.5%, with its contribution to global economic growth remaining at around 30%. AASTOCKS Financial News Website: www.aastocks.com |
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