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China's current development should focus on quality, Zhu said, adding that Xiongan aims to see green, creative, high-quality and high-end development, which will become a role model for other regions in the country.
China's industrial firms saw profit growth slump to 3.6 percent year-on-year in October, down from 4.1 percent in September.
China's environmental protection and excessive production capacity reduction moves, which have cut production in some sectors and pushed up their profits, may continue next year, which will boost corporate profits, the note said.
China's overall employment conditions are stable, but still face structural challenges due to the transformation and upgrading of industries as well as domestic and international uncertainties, according to a guideline released by the National Development and Reform Commission and 16 other government agencies.
China's economic growth will average about 6.7 percent this year and ease to 6.3 percent in 2018, Coulton predicted.
来源：资阳报