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BEIJING - China's 2010 economic growth is estimated to reach about 10 percent, according to central bank governor Zhou Xiaochuan.
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Zhou stressed that China should be prudent in its macroeconomic policies and needs to conduct counter-cyclical adjustments against "over-expansion."
He also reiterated that the government would promote a market-oriented reform of the interest rate regime in a gradual and unwavering way.
Zhou first delivered his speech on Dec 15 when policymakers were intensifying their efforts to curb property prices and dampen inflation, as the nation's consumer price index hit a 28-month high of 5.1 percent in November.