Chinese Officials Defend Economic Outlook Despite Slowing Growth
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Chinese officials defended China's economy at a Hong Kong conference, saying growth is on track to meet 2022 target.
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Officials cited China's large workforce, R&D spending, export strength as reasons economy remains promising long-term.
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Recovery appears uneven though, with weak consumer spending, property woes, and uneven trade data.
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Officials remained optimistic about property sector, citing new government measures to boost demand.
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China to expand mainland company listings in Hong Kong and strengthen trading links between markets.