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Central bank governor confident in China to meet 2023 growth target
China's central bank governor on Wednesday said the country will achieve its 5-percent growth target this year as there has been stronger economic momentum recently, with recovering production and consumption, stable employment, and improving price conditions. Pan Gongsheng, governor of the People's Bank of China, made the remarks while delivering a speech at the Annual Conference of Financial Street Forum 2023. The economic transformation has continued to advance, high-tech investment maintained rapid growth, and final consumption contributed 83 percent to economic growth in the first three quarters, Pan said. As ... (full story)