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6.5% a floor for 2016-2020 growth: China official

Figure will be base for setting target for five-year period

Published Mon, Nov 9, 2015 · 09:50 PM

Beijing

CHINA is making 6.5 per cent a floor or minimum level for annual economic growth in 2016 through 2020, a senior Chinese policymaker said on Monday, adding that the figure would be a base for setting a target for the five-year period.

The economic growth target has not been fixed yet, as that is an objective that needs to be approved by the National People's Congress, Yang Weimin, Vice Minister of the Office of the Central Leading Group on Financ…