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China's GDP growth rate is expected to touch 8.8 percent in 2021, thanks to the robust recovery momentum seen in major economic sectors, global consultancy KPMG said in a report.
China's PPI has remained in positive territory since September, when it ended a four-year streak of declines, partly due to the government's successful campaign to cut industrial overcapacity, which benefited the wider economy.

China will increase credit support, lower financing costs, and allow deferred loan repayments for qualified businesses, to enable speedy resumption of production and help tide over the hard times due to the novel coronavirus outbreak.
China's BAIC Group is planning to step up efforts in non-vehicle making businesses amid changes in customer preferences about mobility and the downward pressure in the overall automotive market, according to the top executive of the State-owned carmaker.
China's GDP rose 6.2 percent in the second quarter from a year earlier, below the 6.4 percent expansion in the first quarter, the National Bureau of Statistics said on Monday. The bureau said the economy grew by 6.3 percent in the first half of the year, and over 7.3 million new jobs were created in urban areas.
来源:资阳报