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China's economy is expected to grow 7.5 percent in 2014 and 7.3 percent in 2015, up 0.3 and 0.2 percentage points, respectively, from the October projection.

Previous media reports said it is likely the State Council will approve the plan before Lunar New Year.

Earlier data suggests local GDP added up has far surpassed that figure with 28 provinces reporting 58.9423 trillion yuan in total.

Today we are giving the foremost China commentators from around the world another opportunity to stake out their latest positions.

Last year's index stood at 0.473, compared with 0.474 in 2012 and a peak of 0.491 in 2008, according to data released Monday by the National Bureau of Statistics.

This is the slowest pace in 14 years but is still higher than the official target of 7.5 percent

China has seen steady monthly rise in FDI since February in 2013, the ministry's spokesman Shen Danyang said today at a regular news briefing.

Financial institutions including Moody's Investors Service, Minsheng Securities, Bank of Communications and Bank of America Merrill Lynch recently forecast China's GDP growth at 7.5 to 7.6 percent.

This move is part of a wider effort to reform China’s foreign investment management system and further open its service sector to foreign investors.

Asia is of course a huge producer of prawns for the global market, meaning the cost of prawns locally are likely to reflect those countries with a significant prawn aquaculture industry.

China's exports grew 7.9 percent in 2013 while imports expanded 7.3 percent from a year ago.

Full year's inflation in 2013 hit 2.6 percent, compared with the official target of 3.5 percent.

Over the past decade, Hangzhou has earned recognition from investors for its remarkable economic development, and the city’s economic strength continuously ranks among the top ten medium to large cities.

The value of trade in China's goods in 2013 is set to exceed that of the United States, making the world's second-largest economy the world's top trader for the first time.

China's pension reserves could only fund the system for a year and a half at the end of 2012.

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