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Published on Tuesday, March 5, 2013

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China Flash : Official 2013 macro targets set in line with expectations, highlighted by 7.5% growth target

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Summary

GDP growth target of 7.5% is unchanged. Inflation target has been lowered to 3.5%. M2 growth target has been lowered to 13%. Fiscal policy to support growth with a higher deficit target of 2.0%.

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