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Govt looks to stimulate demand

By Wang Xu | China Daily | Updated: 2008-11-04 07:48

The government will further study policies to boost investment and jump-start domestic demand to add growth momentum to the economy next year, a senior official said yesterday.

"A prominent problem of the economy is that it's under increasing downward pressure," Han Yongwen, secretary-general of the National Development and Reform Commission, said on the commission's website.

"Weakening external demand will translate into slower export growth, weaker corporate investment and dwindling consumption," he said.

Govt looks to stimulate demand

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