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"On the basis of careful comparison and repeatedly weighing various factors as well as considering what is needed and what is possible, we set a growth target of around 7.5 percent," said the report, which came four months after a key meeting outlined a wide-ranging reform package last November.
This is the third consecutive year that the government put the goal at 7.5 percent as it looks to steer the economy onto a more sustainable path.
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China's top 10 richest cities |