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2012年12月20日雅思阅读精选:世界银行调高中国经济增长预测
World Bank raises China growth forecast
The World Bank has raised its growth forecast for China, saying stimulus measures and approval of infrastructure projects will help boost growth.
It added that the pick-up in factory output and investment suggested that Chinas economy was bottoming out.
The bank said it now expects Chinas economy to grow by 8.4% in 2013, up from its earlier projection of 8.1%.
A slowdown in Chinas growth in recent months had prompted policymakers to announce various stimulus measures.
These include two interest rate cuts since June, and the approval of infrastructure projects worth more than $150bn .
Chinas central bank, the Peoples Bank of China, has also lowered the amount of money that banks need to keep in reserve three times in the past few months in an attempt to boost lending.
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