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'Economy stabilizing but faces pressure'

By Wei Tian in Beijing and Yu Ran in Shanghai | China Daily | Updated: 2012-08-30 07:25

Official pledges measures to boost growth, help struggling exporters

The economy "is stabilizing" although it will remain under "downward pressure" in the coming months, a top official said in a briefing to the National People's Congress Standing Committee.

Zhang Ping, minister of the National Development and Reform Commission, also pledged more measures to "restore export growth" and "boost domestic demand".

'Economy stabilizing but faces pressure'

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