China poised to keep growth target at 7.5%.

|By:, SA News Editor

China is likely to set a GDP growth goal of 7.5% for 2014, the same as this year, sources at a commerce ministry think tank have told Reuters.

The government expects a recovery in exports to help drive the expansion, due to stronger demand from rebounding developed economies.

Chinese leaders endorsed the target at the annual Central Economic Work Conference earlier this month even though there had been talk about reducing the goal to 7% in order to create leeway for the implementation of deep structural reforms. There have even been those who have advocated doing away with the target altogether.

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