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China should set appropriate fiscal deficit in 2024 -senior party official

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BEIJING : China should set its 2024 fiscal deficit and special local government bonds at appropriate levels and optimise the structure of fiscal expenditure, a senior Communist Party official said on Wednesday, state media CCTV reported.

China should also keep consumer prices at a moderate and appropriate level, neither too low or too high, said Han Wenxiu, deputy head of the Party’s office for financial and economic affairs, according to CCTV.

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