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Broad money supply to increase by 14%

Broad money supply to increase by 14%

Updated: 2012-03-05 09:49


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Premier Wen Jiabao said the broad money supply is projected to increase by 14 percent this year.

Delivering the government work report at the fifth session of the 11th National People's Congress which started Monday in Beijing, Wen said China will employ a full range of monetary policy tools, appropriately adjust the supply and demand of money and credit, and maintain proper growth of financing from nongovernment sources.