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China Daily | Updated: 2016-03-11 08:05

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HSBC: China's new growth target realistic

China's new GDP growth target for 2016 is realistic and consistent with its potential growth strength, despite the current economic slowdown, according to an HSBC Holdings Plc research report on Thursday. China set this year's economic growth target at between 6.5 percent and 7 percent, and the average annual growth rate for the next five years at above 6.5 percent.

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