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China's M2 to increase around 12 percent in 2015

2015-03-05 08:52 Xinhua Web Editor: Gu Liping

China's broad money supply (M2), which covers cash in circulation and all deposits, is forecast to grow by around 12 percent in 2015, according to a government work report to be delivered by Premier Li Keqiang at the parliament's annual session Thursday.

The M2 growth rate is lower than the set target of around 13 percent for last year.

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