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China aims for 17% growth in money supply in 09

By Zheng Lifei (chinadaily.com.cn)
Updated: 2009-03-05 10:07

China will increase the broad money supply by about 17 percent this year and grant over 5 trillion yuan in new loans, Chinese Premier Wen Jiabao said in a report at the opening meeting of the annual full session of the National People's Congress (NPC), China's top legislature.