China may push for 7.5% annual GDP growth in 2014, Reuters reported, citing anonymous sources at a top-level think tank. Growth will be supported by a steady recovery in China’s exports next year thanks to stronger demand from developed economies, the commerce ministry’s think tank said. The 2014 growth target was endorsed at the annual Central Economic Work Conference earlier this month. Prior to the December 10-13 meeting, some top think tanks, including the State Information Centre and the Chinese Academy of Social Sciences, had proposed to lower next year’s growth target to 7% to create more room for reforms.
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