China to step up targeted investment to boost recovery, no flood-like stimulus, to extend NEV purchase tax exemption, said State Council

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China should consolidate economic recovery, stabilize employment and prices and maintain economic operations within a reasonable range, the State Council said at a meeting chaired by Premier Li Keqiang on Friday, according to the state broadcaster CCTV.

The economy is in the "critical window" of stabilisation and recovery, and the third quarter is "vital", it said.

To spur demand, the country will . . .

 

 

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