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China sets economic growth target of at or above 6.5 percent in 5 year plan

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By Jake Spring and Kevin Yao BEIJING (Reuters) - China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world's No. 2 economy seeks to balance deep structural reforms, gyrating financial markets and softening global trade. Unveiling a draft of its new five-year development plan at the annual meeting of parliament, Beijing said it would target economic growth between 6.5-7 percent in 2016. Weighed down by sluggish demand at home...

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