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China has defended its growth target of “around 5%” for 2024, considered ambitious by some observers due to the country’s continuing economic woes. “There are many eyes on this issue because China’s economy gets a lot of attention from all sides,” the chairman of the National Development and Reform Commission, Zheng Shanjie, said at the annual rubber-stamp National People’s Congress in Beijing on Wednesday. The economic growth target announced by Premier Li Qiang at the start of the congress had been scientifically tested and was in line with the economy’s current potential, Zheng said. He als…

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