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China to Boost Economic Recovery with Policy Adjustments in 2024
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Overview
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China plans to step up policy adjustments to spur economic recovery in 2024, focusing on boosting effective demand and implementing structural tax and fee cuts. The government may set a growth target of around 5% for 2024, with an emphasis on stimulus to support the economy.
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How might Moody's downgrade affect China's economic prospects?
How will the government's policy adjustments impact effective demand?
What specific measures are being considered for stimulus?
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