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Urgent: China sets fiscal deficit at 3 pct of GDP this year

Xinhua, March 5, 2017 Adjust font size:

China sets its government fiscal deficit this year at 2.38 trillion yuan (about 345 billion U.S. dollars), or 3 percent of its GDP, an increase of 200 billion yuan over last year, according to a government work report available to the media ahead of the annual parliamentary session Sunday. Endi