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China can maintain rapid growth, transition to consumer-led economy, Premier Li says

ReutersJun 25, 2025 2:49 AM

- China's Premier Li Qiang said on Wednesday in a speech in Tianjin that he was confident the world's No.2 economy could maintain a "relatively rapid growth rate" and transition from an manufacturing-led economy to a consumer-driven one.

China's $19 trillion economy showed steady improvement over the second quarter, the nation's second-ranking official told delegates at a World Economic Forum meeting in the northern Chinese city.

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