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China adopts "active" fiscal, "moderately easy" monetary policies to boost economy |
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08:15, November 10, 2008 |
China has decided to adopt active fiscal policy and moderately easy monetary policies to boost fast but steady economic growth by expanding domestic demand, according to an executive meeting of the State Council on Sunday.
It is estimated that investment into infrastructure, social welfare and other key sectors will amount to four trillion yuan by the end of 2010.
Source: Xinhua
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