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China's economy grew at a faster-than-expected 6.4 percent year-on-year in the first quarter, matching the rate from the fourth quarter of last year, the National Bureau of Statistics said on Wednesday.
China's growth may need to be around 6 percent next year to achieve its goal of doubling its 2010 GDP by 2020, Niu said. "There's still some room for China to take countercyclical measures to stabilize growth," he said.
China's economic recovery has picked up steam in the wake of the COVID-19 pandemic, with the nation's GDP expanding 4.9 percent year-on-year in the third quarter of 2020. The International Monetary Fund forecasts that China will be the only major economy to see growth this year.
China's fever clinic system was another area of interest and could help address to their problems, he continued, adding his team had opened channels to peers in Latin America to take follow-up questions.
China's efforts to limit risks in the financial sector gathered pace in the first quarter, with major progress made in improvements of asset quality and slowing down risky shadow banking, analysts at Moody's Investors Service said on Thursday.
来源：资阳报