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China's GDP growth next year is expected to be stable at 6.3 percent, despite headwinds, according to the Chinese Academy of Social Sciences, and economists suggested that the country should continue to press ahead with structural reforms to boost growth.
China will strive to make new strides in economic development during the period, according to a communique released after the session.
China will never seek self-development at the cost of other countries’ interests, nor will it give up its justified interests, Xi said, adding that China’s development will pose no threat to any other nation, and it will never seek hegemony no matter how developed it becomes.
China's aggregate financing, including government and corporate bonds, increased by 5.16 trillion yuan in March, notching up a year-on-year growth rate of 11.5 percent compared with 10.7 percent in February. It was the fastest single-month growth in history, mainly due to the growing government and corporate borrowing, the PBOC said.
China will see sales recovery in its auto market continue well into 2021, said the country's passenger car association, with an estimated retail sales growth of around 7 percent from 2020.
来源：资阳报